China Continues to Dominate Global EV Sales, Hits Third Consecutive Record High

China continues its dominance in electric vehicle sales, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday. Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32 per cent year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday.

The electric car market is undergoing critical transformation as incremental demand and production in China threaten EV markets elsewhere. Europe, for instance, is struggling to contend with production costs, new emissions targets and the rising competition. Global sales of EVs - whether fully electric or plug-in hybrids - were up 32.3 per cent at 1.83 million in November, Rho Motion data showed.

Sales in China were up 50 per cent at 1.27 million vehicles. In the United States and Canada, EV sales were up 16.8 per cent at 0.17 million, while Europe had sales of 0.28 million, down slightly year on year but up 7.7 per cent from October.