Global electric vehicle sales rise 8 percent in October
Global sales of electric vehicles rose 8 percent in October to 2.09 million units. Growth was supported by a 36 percent increase in Europe and strong Chinese export volumes.
Global sales of battery-electric and plug-in hybrid electric vehicles rose 8% to 2.09 million units in October, driven by a low comparison base in the United States and rising European demand. Year-to-date volumes climbed 5% to 17.5 million units, according to data from Benchmark Mineral Intelligence released on Thursday. The rebound follows softer periods earlier in the year as manufacturers adapted to shifting subsidy regimes and regulatory pressures across major markets.
