All articles tagged with #ev registrations
European stock markets opened higher amid positive earnings from Nvidia, despite some declines like Drax's 11% drop due to regulatory probes. Nvidia's strong sales growth signals AI sector resilience, while European auto data shows significant growth in EV registrations, especially from Chinese manufacturers like BYD. Drax's investigation and upcoming economic data are key points to watch.
Electric vehicle (EV) registrations in Europe have surpassed those of diesel-powered vehicles for the first time, with 1.23 million EVs registered between January and October compared to 1.22 million diesel vehicles. EVs accounted for a market share of 14.2% in October, up from 12% last year. Gasoline-powered vehicles still hold a third of the market, while hybrid electrics have a 28.6% share. New car sales in the EU increased by 14.6% in October, driven by a significant rise in all-electric vehicle sales.