Japan EV Sales Plummet 33% in 2024, First Decline in Four Years

Sales of electric vehicles in Japan fell 33% year-on-year to 59,736 cars in 2024, the first decline in four years, according to data from car dealers and importers compiled by Nikkei on Thursday. From the report: EVs' share of all vehicle sales fell below 2% in Japan, the lowest among major advanced economies. While global EV sales are still growing, albeit more slowly, Japan's reluctance to adopt EVs is becoming increasingly apparent.

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