Global EV Sales Report — Tiny Wuling Mini Beats Tesla Model Y!!! - CleanTechnica

In October 2024, global plugin electric vehicle (EV) registrations surpassed 1.9 million units, marking a 10% year-over-year (YoY) increase despite significant declines in the US market (down nearly 50% YoY) and a slowdown in China (up only 7% YoY). Battery electric vehicles (BEVs) grew strongly by 19% YoY to 1.3 million units, while plug-in hybrid electric vehicles (PHEVs) fell 5% YoY, primarily due to an 11% drop in China. Excluding China, PHEVs actually grew by 19% YoY, indicating potential for expansion outside the Chinese market. BEVs accounted for 19% of the global auto market share in October, or 28% when combined with PHEVs, with year-to-date shares at 17% and 26%, respectively. Europe and other international markets, including Vietnam, India, Indonesia, and Turkey,