EV sales up year-over-year, but down month-over-month
Rho Motion, the leading EV research house, today revealed that the number of electric vehicles sold globally in January 2025 is 1.3 million. While it was down over a third from December’s record-breaking month, the global market has grown 18% compared to January 2024. Rho Motion Data Manager...
rhomotion.com
"Trump wants to disincentivize EV purchases in the U.S., and
sales in Europe declined in 2024, but in China and the rest of the world, EV sales are soaring."
"Global EV sales have surged as
prices have fallen and countries have implemented policies like regulations and subsidies to encourage their adoption. In 2019, 2 million EVs and plug-in hybrids were sold, accounting for just 2.5% of global new car sales. In 2024 the number skyrocketed to
over 17 million, accounting for more than one in five new passenger cars sold last year.
But last year’s global EV sales growth was uneven. It came mostly in China, which sold 11 million EVs and plug-in hybrids. That represents a 40% increase from the prior year, accounting for nearly two-thirds of all worldwide sales. Europe came in second with 3 million, or 18% of new EVs, but sales there declined 3% from the previous year as some government incentives expired. North America accounted for 1.8 million, or just over 10% of global EV sales, but saw only a modest 9% increase in 2024.
In the rest of the world, EV sales grew rapidly to 1.3 million, 27% higher than in 2023."
Trump wants to disincentivize EV purchases in the U.S., and sales in Europe declined in 2024, but in China and the rest of the world, EV sales are soaring.
yaleclimateconnections.org
So, HouseOfAncients, is your point that worldwide the public is still doing what they are pressured to do by the government, or do you have data showing organic adoption without external influence?
When LED bulbs were offered dirt cheap, below incandescent, of course we bought them.
Price popped up after that once incandescents were banned.