On February 12, research firm Rho Motion released a report revealing that global sales of BEVs and PHEVs surged by almost 18% year-on-year in January 2023. Notably, for the first time since February 2022, sales growth in Europe and the United States outpaced that of China. According to Charles Lester, Data Manager at Rho Motion, the robust start in the European automotive market was fueled by the enforcement of EU carbon dioxide emission targets. Conversely, sales in China declined by 43% month-on-month, attributed to the Chinese New Year holiday period. The data indicates that global sales of BEVs and PHEVs reached 1.3 million units in January, marking a 17.7% year-on-year increase but marking the third consecutive month of decelerating growth. Specifically, sales in China rose 11.8% year-on-year to 700,000 units, while sales in Europe grew by 21% to 250,000 units. Sales in the United States and Canada increased by 22.1% to 130,000 units.