Europe Drives Global EV Sales Growth in August
Global electric vehicle sales rose 2 percent in August to 1.83 million units as strong European demand offset declines in China and North America.
Global EV sales rose 2% to 1.83 million vehicles in August, led by a 36% surge in Europe that offset sharp declines in China and the United States. Friday data from Benchmark Mineral Intelligence showed worldwide demand expanding for a sixth consecutive month, bringing year-to-date volumes to 13.4 million units. Regional divergence defines the current market as subsidy policies diverge across major economies.
