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Global EV sales fall 2% in September
Global electric vehicle sales declined by 2% in September, marking the first drop after six consecutive months of growth, primarily due to weak markets in North America and China. Despite increased demand and government support in Europe, sales there hit a record high of around 600,000 vehicles, representing a 10% increase. In North America, sales plummeted by 44% as tax exemptions expired, while in China, sales fell by 18% to 1.11 million vehicles, prompting companies to ramp up exports. Despite these declines, global sales have risen by 3% since the beginning of the year, reaching 15.5 million vehicles.
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