By Alessandro Parodi (Reuters) -Global sales of electric and plug-in hybrid vehicles jumped 24% in June from a year ago, as a switch to electric vehicles maintained momentum in China and Europe, market research firm Rho Motion said on Tuesday. Still, EV sales in the United States were down 1% in the month and will…
By Alessandro Parodi (Reuters) – Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, helped by an extension of China’s auto trade-in subsidies, research firm Rho Motion forecast on Tuesday. Europe, the world’s second-biggest EV market, will return to sales growth as…
Research firm Rho Motion reported on Jan 14 that global sales of electric vehicles (EV) and plug-in hybrid vehicles (PHEV) hit record 17.1 million units in 2024, a 25% increase compared to the previous year. A 40% leap in China sales, driving 11 million units, offset declines in Europe. As BYD (BYDDF, Financial) sells over…
By Alessandro Parodi (Reuters) – Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday. China continued to lead sales growth, accounting for almost 70% of total…
By Daniel Leussink TOKYO (Reuters) – Toyota Motor is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of robust earnings helped by a consumer shift away from electric vehicles. The world’s largest automaker is nonetheless expected to deliver almost $8…