In November, global plugin vehicle registrations broke their previous monthly sales record (1,291,000 units), which was just set in September 2023. They reached 1,385,000 units in November. In the end, plugins represented 19% share of the overall auto market (13% BEV share alone)! So, that sales slowdown narrative we have been hearing about recently … is nothing more than that, narrative . It’s not reality. The market share growth could have been even higher if the overall ICE market hadn’t also been recovering to pre-COVID levels…. It seems that economic crisis or not, people are still buying cars. Full electric vehicles (BEVs)…
World EV Sales Now Equal 19% Of World Auto Sales — Top Models
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