Part 1/9:
Electric Vehicles: A Global Sales Overview Amidst Shifting Trends
The electric vehicle (EV) market experienced significant fluctuations in the first half of 2024, with global sales reaching seven million units—a notable 20% increase from the same period in 2023. However, this growth is uneven, with Europe witnessing a modest rise of just 1% in EV sales, totaling 1.5 million units. While countries like Italy, France, and the UK reported positive growth driven by robust government incentives, Germany—the largest car market in Europe—saw an alarming 18% decline in EV sales in the second quarter of 2024.