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EV purchases in February increase, led by China
The Straits Times
|March 13, 2025
China in February again led purchases of electric vehicles (EVs), which increased worldwide versus a year ago, even as European Union tariffs on China-made EVs reduced sales of some brands, research firm Rho Motion said on March 12.
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BEIJING -
Overall sales, including battery-electric and plug-in hybrid vehicles, rose by 49 per cent in February year on year to 1.2 million, but the researchers said the figure was distorted by the timing of Chinese New Year. Compared with January, figures were down 3 per cent.
The EU imposed tariffs on China-made cars at the end of October 2024 after an anti-subsidy investigation.
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