According to Reuters, on July 12, market research firm Rho Motion said that although sales of electric vehicles in the European market declined in June this year, driven by sales growth in the Chinese market, global pure electric vehicles and plug-in sales have increased by 13% compared with the same period in 2023.
Charles Lester, data manager of Rho Motion, revealed that thanks to the increase in the supply of electric vehicles and BYD’s strong sales performance, the market share of electric vehicles in China increased in the first half of this year.
As a result, sales of electric vehicles in the Chinese market accounted for more than 60% of global total sales.
Charles Lester said that in terms of numbers, global electric vehicle sales in June reached 1.
4 million, of which 860,000 were sold in the Chinese market, a year-on-year increase of 25%.
Charles Lester added that in Europe, electric vehicle sales fell 7% year-on-year to 300,000 units in June, with Finland, Ireland and the Netherlands experiencing the largest declines, while Italy’s electric vehicle sales increased 34% year-on-year after government incentives were introduced.
In the United States and Canada, sales of electric vehicles rose 6% year-on-year in June to 140,000 units.
Charles Lester added that BYD’s sales in Brazil surged, with sales more than tripling compared to June 2023.
, Photo source: BYD,Charles Lester said in a statement: “Overall, the electric vehicle industry will not see significant growth in 2024.
We have lowered our forecast for electric vehicle sales this year by 5% to 16.
6 million units.
” Charles Lester added that sales differences between regions will be quite significant.
, Sales demand for electric vehicles has cooled in recent months after several years of sharp growth as consumers switched to hybrid models while waiting for more affordable electric models to enter the market.
, EU officials said the EU imposed additional tariffs of up to 37.
6% on imported electric vehicles made in China last week, which also exacerbated trade tensions between China and the EU.
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