GLOBAL sales of fully electric vehicles (EV) and plug-in h0ybrid vehicles will rise by at least 17 percent this year to over 20 million cars, helped by an extension of China's auto trade-in subsidies, research firm Rho Motion forecast on Tuesday.
Europe, the world's second-biggest EV market, will return to sales growth as carbon dioxide emission targets come into effect and cheaper models become available, but the pace will remain slower than in 2023, Rho Motion head of research, Iola Hughes, said.