Global EV demand rises for second straight month in April

Global EV registrations rose 6% to 1.6 million units in April. European sales climbed 27%, while China and North America saw declines as tax credits expired.

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Global electric vehicle registrations rose 6% to 1.6 million units in April, marking a second consecutive month of growth. Demand climbed despite a 9% sequential drop from March's record high of approximately 1.76 million units. High fuel prices and government policy incentives continue to drive the transition away from combustion-engine vehicles.

European Growth Offsets North American Decline

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