Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Zorro

(16,565 posts)
Thu Dec 12, 2024, 07:18 PM Dec 12

Global EV sales hit third consecutive record high

Source: Reuters via Yahoo News

Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday.

China continued to lead sales growth, accounting for almost 70% of total EV sales in the month, while registrations in Europe showed a marginal decline.

The electric car market is undergoing critical transformation as incremental demand and production in China threaten EV markets elsewhere. Europe, for instance, is struggling to contend with production costs, new emissions targets and the rising competition.

Automakers in Europe and America say growing trade tensions, CO2 rules and the removal of incentives in some countries affect prices and put thousands of jobs on the line.

Read more: https://finance.yahoo.com/news/global-ev-sales-hit-third-000356996.html

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Global EV sales hit third consecutive record high (Original Post) Zorro Dec 12 OP
I just bought a 2023 Chevy Bolt EV. Dem2theMax Dec 12 #1
Wait, what? Fiendish Thingy Dec 12 #2
Tesla is not doing that well. PortTack Dec 12 #4
The powers-that-be had better start planning Aussie105 Dec 12 #3
2024 Model 3 owner here Polybius Dec 12 #5

Dem2theMax

(10,497 posts)
1. I just bought a 2023 Chevy Bolt EV.
Thu Dec 12, 2024, 08:00 PM
Dec 12

Low miles, and still has 23 months left on the original warranty!

Fiendish Thingy

(19,002 posts)
2. Wait, what?
Thu Dec 12, 2024, 09:09 PM
Dec 12

I thought the market for EV’s was collapsing- I read that right here on DU in several OP’s.

Somebody’s been fibbing…

PortTack

(34,941 posts)
4. Tesla is not doing that well.
Thu Dec 12, 2024, 11:25 PM
Dec 12

Tesla Q1 sales miss Wall Street expectations — and clock the first year-over-year quarterly decline since 2020

https://www.businessinsider.com/tesla-sales-deliveries-q1-elon-musk-disappoint-fsd-2024-4?op=1

When it comes to cars, bad design can lead to some particularly bad consequences. Poorly designed cars are bad for your body parts, bad for your life span, and bad for your wallet. There’s a single car that has already won that bad design trifecta, and you can probably guess which one we’re talking about. The Tesla Cybertruck

https://www.fastcompany.com/91129195/the-cybertrucks-aftermarket-price-is-cratering-as-its-flaws-become-too-big-to-ignore

Self driving cars are a folly

Aussie105

(6,543 posts)
3. The powers-that-be had better start planning
Thu Dec 12, 2024, 10:04 PM
Dec 12

for more EV charging places and more electricity generation capacity.
And it had better be renewable energy!

Latest Discussions»Latest Breaking News»Global EV sales hit third...