• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Sunday, June 22, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Electric Vehicles

Global EV sales surge 21% in July, driven by record growth in China

David Ijaseun by David Ijaseun
August 13, 2024
in Electric Vehicles, Premium
0
Chinese electric vehicles (EV)

Chinese electric vehicles (EV)

2k
SHARES
21.6k
VIEWS
Share on FacebookShare on Twitter

Global sales of electric vehicles (EVs) surged by 21% in July 2024, with China leading the charge, according to data from market research firm Rho Motion. This growth comes despite a downturn in the European market.

China recorded its largest increase in EV sales this year, with 880,000 units sold in July alone—a 31% year-on-year rise. This impressive growth in China significantly contributed to the global total of 1.35 million EVs sold during the month.

READ ALSO

Tesla signs landmark deal for China’s largest grid-scale battery plant

Lucid vs. Rivian: The battle for America’s EV future heats up

In contrast, Europe faced challenges, with EV sales dropping by 7.8% in July. Over the first seven months of 2024, Germany, the EU’s largest EV market, saw a 12% decline in sales.

Impact of Tariffs on the European Market

The European Union’s recent imposition of provisional tariffs on Chinese-made electric vehicles is expected to hit MG Motor, owned by China’s SAIC Motor Corp, the hardest. According to Charles Lester, data manager at Rho Motion, “MG Motor is likely to feel the brunt of these tariffs, while Tesla and BYD will be less affected due to their production strategies and smaller market share in Europe.”

Tesla, which manufactures in Berlin, and Chinese EV giant BYD, which has a limited presence in Europe, are expected to face less impact from the tariffs. BYD, the world’s largest EV manufacturer, reported a 13% increase in global battery electric vehicle (BEV) sales and a 44% rise in plug-in hybrid electric vehicle (PHEV) sales for the same period.

North American market sees steady growth

In North America, EV sales showed steady growth, with a 7.1% increase in July across the United States and Canada. The ongoing popularity of plug-in hybrids played a significant role in this growth. “BYD continued to have record sales of plug-in hybrids again this month, which is a key contributor as they have a large volume of vehicles that they sell,” Lester noted.

Read more on EU stands firm on Chinese EV tariffs despite WTO dispute

Tags: electric vehiclesHeadline

Related Posts

Tesla signs landmark deal for China’s largest grid-scale battery plant
News

Tesla signs landmark deal for China’s largest grid-scale battery plant

June 21, 2025
Lucid vs. Rivian: The battle for America’s EV future heats up
Electric Vehicles

Lucid vs. Rivian: The battle for America’s EV future heats up

June 19, 2025
Ferrari New 296 Speciale
Cars/SUVs

Ferrari builds new 296 Speciale to honour its Le Mans legacy

June 19, 2025
image source: Masonry
Cars/SUVs

Mansory unveils $1m convertible G-Wagen in collaboration with Alec Monopoly

June 19, 2025
Ferrari Second Electric Car
Electric Vehicles

Ferrari hits the brakes on second electric car, delays launch to 2028

June 18, 2025
Volkswagen tax in India
Business

Volkswagen to cut 20,000 jobs by 2030 in major restructuring

June 17, 2025
Next Post
Gauteng Road

Gauteng bags R28.1 bn for road upgrades, launches high-tech number plates

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

Magna

Magna’s quarterly results fall short amid production challenges

August 2, 2024
Airport flight delayed

Stunning statistics: Weather responsible for 70% of airport delays worldwide

July 18, 2023
Supersonic Sharkskin Tech

Supersonic sharkskin tech could save aviation billions in fuel, cut emissions

May 4, 2025
plane crash in India

Air India flight to London crashes after takeoff in Ahmedabad with 242 on board

June 12, 2025

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Tesla signs landmark deal for China’s largest grid-scale battery plant
  • Heesen launches Sparta, its biggest yacht at 220 feet long
  • Lucid vs. Rivian: The battle for America’s EV future heats up
  • Tesla pauses Cybertruck and Model Y production to boost efficiency

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In