March 27, 2025
In 2024, the global auto market grew by 25%, and nearly one in five cars sold globally is now electric. A record 1.3 million EVs were sold in the US, a 7.3% year-over-year increase that outperformed the 2% increase in nationwide sales of gas vehicles. Automakers are offering an increasing number of EV models to compete in this rapidly expanding global marketplace.
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