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A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
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Progressive Manufacturing Company Partners With Workhorse Group to Enhance Electric Commercial Vehicle Offerings
Workhorse Group Partners With PMC as Certified Dealer
Workhorse Partners With Progress Manufacturing Company as Certified Dealer for Specialized Second-Stage Manufacturing
Jibang Consulting: In the third quarter, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, an increase of 7% compared to the previous quarter.
In the third quarter of 2024, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, which is a 7% increase compared to the previous quarter, but the growth rate has declined compared to the same period last year.
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