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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

million units in March 2020, down by 39% from March 2019. With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity.

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The European electric vehicle market continues to grow

Setec Powerr

According to data released by BloombergNEF, Europe now accounts for 34% of global electric vehicle sales and is the second largest worldwide market after China. According to statistics, Norway’s electric car sales have accounted for 64.5% of total new car sales, and the electric car penetration rate is the highest in the world.

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EV Charging: A Look at the International Landscape

EV Connect

Where does the global EV market stand? Europe Is Getting Organized In February 2021 , the European Union was advised by the European Automobile Manufacturers’ Association that binding targets should be set to have one million electric vehicle charging stations set up by 2024 and three million in place by 2029. In the U.S.,