HomeEconomyThe global electric car...

The global electric car market has grown by 34% since the beginning of the year – analysts

Photo: Unsplash

Sales of electric vehicles in China, the world’s largest auto market, rose 29% year-to-date in September. During the same period, the global electric vehicle market grew by 34%.

Sales of electric vehicles continue to grow worldwide. Reuters reported this with reference to data from market research company Rho Motion.

It noted that sales of electric vehicles in China, the world’s largest auto market, grew by 29% in September since the beginning of the year. During the same period, the global electric vehicle market grew by 34%.

“What’s striking about October’s numbers is that demand for electric vehicles in China continues to hit record levels even as the country’s subsidies are cut. 2023 should be another banner year year for China in terms of electric vehicle sales,” it said. Rho Motion.

It also reported that electric vehicle sales rose 26% in European markets where subsidy cuts have affected demand, as seen in Germany, where business subsidies were removed in September.

Sales of electric vehicles in North America increased by 78%.

Recall that global automakers have dramatically increased discounts on electric vehicles in an attempt to slow the waning demand for them. In the UK, electric car rebates are 11%, in the US 10%, and in Germany around 7%.

As previously reported, the European Commission announced the launch of an anti-dumping investigation into the import of electric vehicles made in China. The EC wants to investigate the fact that Chinese manufacturers of electric passenger cars receive government subsidies, which harm the EU industry.


New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Busin injured warehouses in the Briansk region – General Personnel

Departments of the Main Directorate of Intelligence of the Ministry of Defense of Ukraine, in collaboration with other components of defense forces, caused defeat in the warehouses of the Russian ammunition in the Brian region. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px)...

Narbativet Council a bill on how to store images of war – Stefanchuk

Verkhovna RADA is developing a bill on elections after the end of the war. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } According to Ukrinform, this was announced on television...

To the inkwitzchin from the compression of the Earth from the land of the subject.

In the region, inkworm in the village of Oleksandrivar of the Koriukiv district, the child was injured from the explosion of an unknown object. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...

I am a fire in the directions of Dnieper, Verotynot, I launched C SU-34-IGNAT

Air Force in the direction of Dnieper today. On June 28, he was probably launched from Russian SU-34 aircraft with the temporarily occupied territory of the Zaporji region. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle...