Global Sales of Thermal Vehicles Have Declined Since 2017 (legrandcontinent.eu)

• Global ICE sales have declined since 2017, with China down 50%
• US overtakes China as largest ICE market
• EV growth in Asia-Pacific and Latin America exceeds 70% year-on-year

"Global sales of internal combustion engine vehicles have been declining since 2017, driven mainly by China and Europe. The US has become the largest thermal vehicle market, while India grows but electric vehicles remain marginal there."