Global EV Market Shows K-Shaped Growth as U.S. Lags Behind
The global electric vehicle (EV) market is experiencing divergent growth patterns, with strong demand in China and other regions contrasting against stagnant sales in the United States. According to a report by the International Energy Agency, EVs captured 25% of the global automotive market last year, driven largely by Chinese automakers expanding into international markets.
Topics: China automotive industry electric vehicles global market trends U.S. EV sales