Global EV shipments surge 79% in Q1 with Tesla in the driving seat

Global shipments of electric vehicles rose an annual 79 per cent to about 1.95 million units in the first quarter of 2022, with Tesla continuing to dominate the market, a study by Counterpoint Research has shown.

China emerged as a crucial market for the EV industry both from a consumer and manufacturing standpoint, with EV shipments in the world's second-biggest economy leaping 126 per cent to more than 1.14 million in the three-month period ending March 31.

The opening of Tesla's Gigafactory in Shanghai helped the company significantly boost its deliveries in the country, Hong Kong-based Counterpoint said.

To know more: https://www.thenationalnews.com/business/road-to-net-zero/2022/07/15/global-ev-shipments-surge-79-in-q1-with-tesla-in-the-driving-seat/

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