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Fortune
Fortune
Lionel Lim

EV sales had a ‘record-breaking month’ in September—but it was mostly thanks to China

(Credit: Costfoto/NurPhoto/Getty Images)

Despite worries of a slowing EV market in 2024, September ended up setting records for sales of electric vehicles, according to a recent report from intelligence firm Rho Motion.

Manufacturers sold 1.7 million plug-in hybrids and battery electric vehicles globally in September, breaking a previous record set in December 2023, according to the research report. “This record-breaking month brings new hope to the industry,” Charles Lester, Rho Motion’s data manager, said in a statement. The 1.7 million EVs sold in September represents growth of 30.5% year on year.

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