Global electric vehicle sales jumped 69% in January from a year earlier but were down 26% from December, reflecting subsidy cuts or tighter rules in Germany and France and seasonally weaker sales in China, market research firm Rho Motion said on Wednesday.

Sales of fully-electric cars, or battery electric vehicles (BEVs), and plug-in hybrids hit 1.1 million in January, up from 660,000 in January 2023.

Rho Motion data manager Charles Lester told Reuters that EV sales in Germany and France fell around 50% in January versus December after Germany scrapped its subsidies and France tightened requirements for its subsidies.

Global EV Sales Up 69% y/y in Jan, Down 26% vs Dec | Devamı>>>

A new analysis by the Italian National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) suggests the drop in energy consumption was the highest since Second World War and was followed by a 12% fall in carbon dioxide emissions.

The findings also show the sharp decrease in oil and coal demand pushed the share of fossils in the energy mix to its lowest level since 1961.

The report also finds that imports of low carbon technologies increased by 27%, a rise that was mainly driven by battery-electric vehicles, plug-in hybrid electric vehicles and lithium-ion batteries – taken together, these products covered 56% of total low carbon products imports last year.

Italy’s Energy Demand Slumped to Record Lows in 2020 | Devamı>>>