Global EV Sales Hit Record High in 2024

From Financial Modeling Prep: 2025-01-14 05:35:27

Global sales of electric vehicles rose by 25.6% in 2024 to over 17 million units, driven by incentives and emissions targets. China led the charge with 1.3 million vehicles sold in December and 11 million for the year. Europe saw modest growth, while North America’s sales rose by 8.8% in December.

Looking ahead to 2025, the EV industry faces potential policy changes in the U.S., stricter emission standards in Europe, and a potential slowdown in China. Analysts predict a critical year for the industry with shifts in government priorities and market dynamics. Explore sector performance and trends with available APIs for valuation insights and historical data.



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