Global electric vehicle sales reached 1.4 million in July, of which 0.86 million came from China, where they rose 25% year-on-year, while in Europe monthly sales fell 7% to 0.3 million.
Global sales of all-electric and hybrid vehicles rose 13% in June this year compared to June 2023, driven by growth in China, while sales fell in Europe, Reuters reported.
It was noted that global sales of electric vehicles reached 1.4 million in July, of which 0.86 million were in China, where they grew by 25% compared to last year, and in Europe, monthly sales decreased by 7% to 0. 3 million. Finland, Ireland and the Netherlands led the losses, while Italy recorded a 34% increase after the introduction of government incentives.
In the US and Canada in the same month, sales of electric vehicles rose 6% to 0.14 million.
China has more than 60% of the total, as increased availability of electric vehicles and strong BYD sales boosted domestic market share in the first half of the year, it said.
BYD’s sales increased in Brazil, contributing to more than tripling its performance since June 2023.
According to experts, approximately 16.6 million electric vehicles will be sold worldwide this year.
We remind you that it was previously announced that the EU will introduce additional duties on electric vehicles from China at the level of 38.1% in July, which will lead to an increase in the value of vehicle sales in Europe for Chinese company. BYD to Tesla.
Source: korrespondent
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