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EVs Now 19% of World Auto Sales
Global plugin vehicle registrations were up 19% in March 2024 compared to March 2023. There were 1.3 million registrations. BEVs were up by 7% YoY, while plugin hybrids jumped 50% YoY, with March being its second best month ever.
In the end, plugins represented 19% share of the overall auto market (13% BEV share alone). This means that the global automotive market remains in the Electric Disruption Zone.
Add the 1.1 million plugless hybrids registered in March, a new record, and we have a staggering 35% of global sales in March having some kind of electrification….
Year to date, plugin electric vehicle market share was up by 2%, to 16% (10% BEV).
Full electric vehicles (BEVs) represented 65% of plugin registrations in March, keeping the year-to-date tally…
Read the full article originally published at cleantechnica.com.