Covering the first seven months of 2025, earlier today Rho Motion totaled up more than 10.7 million EVs sold for a “robust” 27% increase over the same period last year, with China leading the pack by a wide margin. Europe also contributed to the overall robustness. Germany and the UK racked up impressive gains and Italy also turning in a mentionable performance. “The European EV market has grown by 30% year-to-date, with strong momentum in both battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), up 30% and 32% respectively,” Rho Motion summarized.
“In contrast, North America’s growth has been muted so far in 2025, with the US facing policy headwinds and Canada seeing a slowdown,” Rho Motion Data Manager Charles Lester observed. “We expect a short-term lift in US demand ahead of the IRA consumer tax credit deadline in September, followed by a likely dip,” Lester added. That short-term lift won’t help North America catch up to Europe […]
Rho Motion’s EV sales snapshot shows the recent gains:
Global: 10.7 million, +27%
China: 6.5 million, +29%
Europe: 2.3 million, +30%
North America: 1.0 million, +2%
Rest of World: 0.9 million, +42%