ZK - EV Company News For The Month Of December 2024
2025-01-07 11:54:39 ET
Summary
- Global electric car sales Nov. 2024 up 32% YoY to 28% share. China sales up 51% to 52% share. Europe down 2% to 25% share. USA up 11.5% to 10.4%.
- EV market news - China’s share of global electric car market rises to 76% in October 2024. Trump transition team to roll back Biden EV, emissions policies.
- EV company news - BYD commercial vehicle sales soar 54% in 2024. Tesla Model Q to debut in first half of 2025 at sub-30,000 USD - report.
- Stellantis and CATL to invest up to €4.1 billion in joint venture for large-scale LFP battery plant in Spain. XPeng confirms more than a dozen new EV and PHEVs coming within 18 months.
- Ford risks £100million fine for not meeting electric car goals in UK. G.M. will sell stake in E.V. battery plant to its partner LG, exits robotaxi market. VinFast to build second production plant in Vietnam.
Welcome to the December 2024 edition of Electric Vehicle [EV] company news.
The past month saw another new record month for global EV sales.
Plugin electric car sales as of end November 2024
Global plugin electric car sales were 1.84 million in November 2024, up 32% on November 2023 sales. Global plugin electric car market share in November was 28% , and 21% YTD.
China plugin electric car sales were ~1.27 million sales in November 2024, up 51% on November 2023 sales. Plugin electric car market share in China for November was 52% , and 48% YTD.
Europe plugin electric car sales were 268,000 in November 2024, down 2% YoY, reaching 25% market share and 22% YTD. Norway reached 94.9% share, Sweden 61.7% , Germany 22.8% , France 26.2% , and UK 35.3% in November 2024....
EV Company News For The Month Of December 2024