Automakers See EV Sales Soar Despite Lagging Car Market | OilPrice.com

Electric vehicles account for 10% of global auto sales.Tesla is leading the EV charge with the most deliveries globally.

. The global growth has been helped along by massive adoption in places like China and Europe, while sales in the U.S. still lag. Ralf Brandstätter, the head of Volkswagen AG’s China business, told the WSJ that China has really helped drive the change: “Last year, every fourth vehicle we sold in China was a plug-in, and this year it will be every third auto. We haven’t reached the tipping point yet, but we’re expecting to get there between 2025 and 2030.”EVs made up 11% of total sales in Europe and 19% of total sales in China, the report says. 807,180 fully electric vehicles were sold in the U.S.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Levelling up: £71m investment for 10 Northern Ireland projectsNew Enniskillen leisure centre and Belfast's Stand Cinema among ten Northern Ireland projects granted £71m from the UK government's Levelling Up Fund *Strand* I was under the impression that this levelling up fund was about putting in proper infrastructure so regions could generate the economy. Jesus Christ they spend it on a cinema and Rugby clubs rather than schools or train track Stand! Stand!
Source: BBCNewsNI - 🏆 95. / 52 Read more »