EV Sales Surge Worldwide, But U.S. Demand Crashes After Tax Credit Ends

Autoblog News
12/11/2025
EV Sales Surge Worldwide, But U.S. Demand Crashes After Tax Credit Ends

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Episode Synopsis

Global sales of electric and plug-in hybrid vehicles surged 23% in October reaching roughly 1.9 million units worldwide, according to data from market research firm Rho Motion, via Reuters. The majority of this growth was driven by strong demand in China and Europe, where government incentives, ...

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