On March 12, the South China Morning Post reported a remarkable 50% surge in global electric vehicle sales, reaching 1.2 million units in February. This uptick was primarily fueled by a staggering 76% growth in the Chinese market. According to data from Rho Motion, the upswing encompassed both pure electric vehicles and hybrid models. Insights from the China Association of Automobile Manufacturers underscore China's pivotal role, accounting for three-quarters of global electric vehicle sales and experiencing an impressive 87% year-on-year increase.
