Electric vehicle sales surge in China while U.S. and Europe face adoption challenges

Electric vehicle sales are booming in China, where government support has helped them account for over 50% of sales. In contrast, the U.S. and Europe are struggling with adoption due to concerns about costs, charging infrastructure, and government policies. In the U.S., electric vehicle prices remain high, averaging $56,902, compared to $48,623 for traditional vehicles. Sales of electric-only cars in Europe fell by 5.8% this year, while the market share dropped from 14% to 13%. Political changes in the U.S. may impact future electric vehicle support, as the incoming president has criticized government backing. Meanwhile, China continues to lead in electric vehicle adoption, with many models priced below $20,000, supported by strong government incentives.