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Old 08-08-2019, 10:46 AM
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Default Why EV Sales Are Up in China and Europe Except in the U.S.

Overall across the globe, EV sales are up, and the future looks bright. But in the U.S. recent changes in national fuel economy and smog requirements have caused EV sales to drop here.





Could the push for short term profits cost us in the long run by slowing EV innovation here while the rest of the world moves ahead?

EV Sales in China

Generally, automotive sales have declined over the past 2 years in China, but because of clean air reforms and economic incentives there is one area of strong automotive economic growth, NEVs. NEV stands for New Energy Vehicles, which includes BEVs (battery-only EVs) and PHEVs (plug-in hybrid EVs) combined. China NEV sales in 2018 hit a new high of 1.256 million! With 271K being PHEVs and a whopping 984K being BEVs.

Watch Top 10 Most Sold Electric Vehicles in USA During 1st Half of 2019 and click to Subscribe to Torque News Youtube Channel for Daily EV and Automotive News.






Why EV Sales Are Up in China and Europe Except in the U.S.
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