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EV And PHEV Sales Surged 26% Globally In 2024, But The Party’s Over In Europe

Global sales of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) surged in 2024, exceeding 17 million units, representing a substantial 25.6% jump compared to the previous year. December alone set a new milestone, with sales climbing to a…

Volvo’s U.S. PHEV Sales Outsold EVs By A Ratio Of 9 To 1 In Q2 2024

Volvo Cars USA reported that in June, its car sales in the U.S. decreased by 28% year-over-year to 9,304. The company explained that the results were impacted by “third-party IT-related disturbances that affected retailers across the industry.” Volvo’s plug-in car…