"NIO, XPEV, LI, BYD.. China's Quads Message Board

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Technology Stocks : "NIO, XPEV, LI, BYD.. China's Quads

BYDDF 12.06

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11:24 AM EST

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To: Sultan who wrote (2393)	3/19/2024 1:30:27 AM
From: roto	of 2786

U.S. EV Registrations Accounted For 7.8% Of The Car Market In January 2024The year-over-year growth rate slowed down to 15%. January brought a 4.7% year-over-year increase in new light-vehicle registrations in the United States. 1.1 million vehicles were registered. All-electric vehicle (EV) registrations slightly outpaced the general market, but the growth rate is significantly slower than in 2023. According to S&P Global Mobility's data (via Automotive News), battery-electric cars noted 89,042 new registrations (up 15% year-over-year). The growth is positive, however, the average in 2022 and 2023 was above 50%. (Note that registration data lags behind sales and deliveries by at least a few weeks, but it can be used as a proxy of sales, especially since not all sales numbers are publicly available on a monthly basis.) insideevs.com.

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