14 Dec, 23

Electric Vehicle Market Sees 20% Surge in Global Sales for November

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Sales of EVs and plug in hybrids were up 20% globally in November, according to market research firm Rho Motion. The boost in sales was mainly attributed to strong growth both in North America and China, which offset poor sales in Europe, according to Reuters.  Total sales hit a new monthly record of 1.4 million units, the report says. This figure is up from 1.1 million EVs sold in November 2022.  Data manager Charles Lester commented to Reuters: “Sales have continued to rise despite a lot of negative sentiment in the market,…

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