EV Sales Plunge Below 1 Million Units in January 2024
5/21, 17:17 EDT
Monthly EV sales have shown a declining trend from a peak in September 2023, with January 2024 sales falling significantly below the 1 million units mark.
The EV sales ratio, which had been increasing steadily, experienced a notable drop in January 2024, suggesting a potential shift in consumer sentiment or market dynamics affecting EV purchases.