Global EV Growth Slows as U.S. Demand Falls and China’s Market Levels Off

An almost flat month for electric vehicle sales in China drove a slowdown in global sales of the vehicles in November, with the United States booking a decline after the federal government phased out subsidies. In Europe, by contrast, EV sales continued growing thanks to the local governments’ unwavering support for transport electrification as expressed by robust financial incentives, Reuters reported, citing the latest car sales figures from transition advocacy and consultancy Benchmark Mineral Intelligence. European battery electric—and…