Thursday, 30th October 2025

Global Electric Vehicle Sales Reach New Record

China leads the charge with significant growth, while Europe sees a slight dip in sales

The global electric vehicle (EV) market surged by 25% in 2024, setting a new sales record as 17.1 million battery electric cars were sold worldwide, according to data from the British consultancy firm Rho Motion. This sharp increase marks a pivotal moment in the transition to cleaner transportation, with the growth being particularly pronounced in China, while Europe experienced a slight decline.

China, already the world’s largest EV market, further solidified its dominance, with 11 million electric vehicles sold—a staggering 40% increase from 2023. This boom underscores the country’s commitment to green technologies and positions it as the global leader in EV adoption.

In stark contrast, Europe saw a 3% drop in sales to 3 million units, following four years of robust growth. Despite this slowdown, the continent remains a key player in the global EV market, and experts anticipate that the dip may be temporary. Meanwhile, the U.S. and Canada also saw increases in EV sales, contributing to the overall global momentum.

The record-setting year highlights the continued shift toward electric mobility, driven by advancements in technology, government incentives, and growing consumer demand for sustainable alternatives to traditional fossil fuel-powered vehicles.

Have a news tip or story to share? Email us at info@connectingregion.com

The Minister Who Isn’t Human

When an Avatar Joins the Cabinet, Politics and Algorithms Collide In a world still debating AI’s limits, Albania simply acted...

Over 250 Workers Jobless After Kentaur Shuts Down Factory in Vranje

The Danish-owned company Kentaur Balkans has abruptly closed its factory in Vranje, Serbia, leaving around 250 workers without jobs....

Vučić Says Serbia Can Buy Russian Stake in NIS, but Moscow Prefers Third-Party Sale

The offer was made during a recent meeting with Alexander Dyukov, Chairman of the Board at Gazprom Neft, and...

Ferrari and Maserati Enter the Electric Vehicle Market

Ferrari unveiled its first fully electric car, the Elettrica, boasting over 1,000 hp, four in-house-developed electric motors, a 0-100...

Zuckerberg Predicts Mobile Phones Will Disappear by 2030

TThis is inevitable as new technologies like augmented reality (AR) glasses and virtual reality (VR) devices reshape how people...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities