🚨 BREAKING NEWS 🚨
Plug-in vehicle registrations surged an impressive 26% in 2024 compared to 2023’s record, pushing the year-end plug-in market past 17 million units for the first time - equivalent to 20% of global auto sales. In 2020, only 4% of vehicle sales were EV. The final months of 2024 saw unprecedented plug-in vehicle sales, culminating in a record-breaking December with over 1.9 million registrations. According to the International Energy Agency, this growth reduced oil demand in the road transportation energy sector.