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global EV market growth slows noticeably
quánqiú diàndòng qìchē shìchǎng zēngzhǎng xiǎnzhù fànghuǎn
全球电动汽车市场增长显著放缓

global EV sales growth rate fell sharply in 2024
èr líng èr sì nián quánqiú diàndòng qìchē xiāoshòu zēngzhǎng lǜ dà fú xiàjiàng
二零二四年全球电动汽车销售增长率大幅下降
only China maintained strong growth
jǐn zhōngguó shìchǎng bǎochí qiángjìn zēngsù
仅中国市场保持强劲增速

December 15, 2024 at 2:00 PM

global EV market growth slowed noticeably in 2024
èr líng èr sì nián quánqiú diàndòng qìchē shìchǎng zēngzhǎng xiǎnzhù fànghuǎn
二零二四年全球电动汽车市场增长显著放缓
US EV sales growth stalled
měiguó diàndòng qìchē xiāoshòu zēngsù tíngzhì
美国电动汽车销售增速停滞
European market demand fell
Ōuzhōu shìchǎng xūqiú xiàjiàng
欧洲市场需求下降
because consumers are sensitive to prices
yóuyú xiāofèi zhě duì jiàgé mǐngǎn
由于消费者对价格敏感
many EV models sold poorly
xǔduō diàndòng chē xíng xiāoshòu bújiā
许多电动车型销售不佳
only China maintained strong growth supported by government subsidies
jǐn zhōngguó shìchǎng yóuyú zhèngfǔ bǔtiē zhīchí bǎochí qiángjìn zēngzhǎng
仅中国市场由于政府补贴支持保持强劲增长
traditional automakers consequently scaled back EV plans
chuántǒng qìchē zhìzàoshāng yīncǐ suōjiǎn diàndòng qìchē jìhuà
传统汽车制造商因此缩减电动汽车计划
industry analysts point out
yèjìe rénshì zhǐ chū
业界人士指出
the market still needs adequate infrastructure and price competitiveness
shìchǎng réhuán xū chōngzú de jīchǔ shèshī hé jiàgé jìngjìng lìliàng
市场仍需充足的基础设施和价格竞争力

New Words

diàndòng qìchē
电动汽车
electric vehicle
zēngzhǎng
增长
growth
fànghuǎn
放缓
slow down
tíngzhì
停滞
stall
jiàgé
价格
price
bǔtiē
补贴
subsidy
suōjiǎn
缩减
scale back
jīchǔ shèshī
基础设施
infrastructure
jìngjìng lìliàng
竞争力
competitiveness
chuántǒng
传统
traditional

News in English

Business

Global Electric Vehicle Market Growth Slows

Global EV sales growth fell sharply in 2024, with only China maintaining strong momentum while the US and Europe saw demand decline.

Global EV market growth slowed noticeably in 2024. US EV sales growth stalled. European market demand fell. Because consumers are sensitive to prices, many EV models sold poorly. Only China maintained strong growth supported by government subsidies. Traditional automakers consequently scaled back EV plans. Industry analysts point out the market still needs adequate infrastructure and price competitiveness.

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