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September Global EV Sales a Record

China bests its own record despite U.S., European tariffs.

October 17, 2024
September Global EV Sales a Record

Year to date global EV sales total 11.5 million, up 22% year-over-year.

Credit:

Pexels/Kindel Media

1 min to read


Worldwide electric-vehicle sales reached a record in September, according to fresh data.

The 1.7 million in sales bested the old record, set last December, by 150,000 units, according to EV data provider Rho Motion.

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China led sales with 1.1 million for the month, accounting for more than half of total global sales on the strength of exports to Latin America and other parts of Asia as it faces U.S. and European tariffs. It surpassed its own monthly record, set in August, by 90,000 units, the company said. 

Year to date, global EV sales total 11.5 million, up 22% year-over-year. Sales in the U.S. and Canada combined are up 10% to 1.3 million. Meanwhile, sales in Europe are down 4%.

“While the electrification of transport seems inevitable, the recent slowdown of sales in many parts of the world has sewn seeds of doubt which can now start to be swept aside,” said Rho Motion Data Manager Charles Lester in a press release on the sales results.

LEARN MORE: Industry Weighs in on Proposed Rule to Bar Chinese Vehicles

Originally posted on F&I and Showroom

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