Global electric vehicle sales experienced a boost last month, with 1.7 million purchases worldwide, including in the United States, as consumers seek to take advantage of tax credits set to expire at the end of September.
Rho Motion, a market research firm, released data on Friday indicating that global purchases of electric vehicles increased by 5% compared to July and were 15% higher than in August 2024. These sales hikes include 1.16 million battery electric vehicles and 0.57 million plug-in hybrid electric vehicles.
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