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HomeTechnology & InnovationNew global EV sales record set in October because of China

New global EV sales record set in October because of China


Electrification has experienced many setbacks in 2024, yet London-based consultancy Rho Motion reported on 13 November that electric vehicle (EV) sales records are still being set. More than 1.7 million units were sold globally in October, a 3% increase on the previous month, which was also the former high-water mark.

“The global EV market is now picking back up again, hitting record sales for the second month in a row,” said Charles Lester, Data Manager at Rho Motion. However, progress is not uniform around the world. While China scored 38% growth (8.4 million units) during the period January-October compared to last year, North America registered a more modest 9% (1.4 million). Meanwhile, European EV sales actually declined 2% (2.5 million).



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