It appears no supply or demand issues, global EV sales up 69% y-o-y. Now before someone advises sales are down 26% m-o-m, study the chart, and consider that January has been the low point of the year for the past 6 years, coupled with the fact lower sales for 1st month of each quarter. the trend is your friend, off to a very strong start for 2024.
Global EV sales start the year with 1.1 million units sold in January 2024, growing by 69% y-o-y and falling by 26% m-o-m.
The European market grew by 29% y-o-y, in the USA & Canada by 41%, and in China sales almost doubled.
It appears no supply or demand issues, global EV sales up 69%...
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