15-March-2026
Corporate News
 
Global EV sales fall again in February as China records steep drop
14-Mar-2026

Global EV registrations fell 11% in February, dragged by China's largest sales drop since the onset of the COVID-19 pandemic in early 2020, data by consultancy Benchmark Mineral Intelligence (BMI) showed on Friday. As governments worldwide hit the brake on policies designed to encourage purchases of electric cars, China has pulled funding for auto trade-ins, while a tax exemption on EV purchases in the country expired at the end of last year.

News Source:- https://economictimes.indiatimes.com/industry/renewables/global-ev-sales-fall-again-in-february-as-china-records-steep-drop/articleshow/129555666.cms