Forbes Africa

Revving Up

The numbers are in.

The sales of electric vehicles (EV) declined globally in the first quarter of 2024, according to auto majors Volkswagen (VW), Mercedes-Benz (MB), and Tesla. However, the BMW Group has reported growth in the same period.

VW reported a 3% drop, while MB reported an 8% decline in EV sales yet a 6% increase for plug-in hybrids (PHEVs), and Tesla reported its first-ever year-on-year sales decline

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