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
Dem2theMax
(10,497 posts)Low miles, and still has 23 months left on the original warranty!
Fiendish Thingy
(19,002 posts)I thought the market for EVs was collapsing- I read that right here on DU in several OPs.
Somebodys been fibbing
PortTack
(34,941 posts)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. Theres a single car that has already won that bad design trifecta, and you can probably guess which one were 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)for more EV charging places and more electricity generation capacity.
And it had better be renewable energy!
Polybius
(18,681 posts)I'll never go back to an ICE again.