Global EV sales hit 10.7 million in 2025, up 27% YTD. China leads, Europe surges, but US growth lags amid policy headwinds.
China stays on top
China continues to dominate, with 6.5 million EVs sold year-to-date, accounting for over half of all global EV sales. BEVs are still the top choice, with sales up 40% this year. Plug-in hybrids (PHEVs) didn’t fare as well, with domestic sales down 15% month-over-month and 10% year-over-year.
Even though Chinese EV sales dropped 13% in July from June, EVs made up over 50% of all passenger car sales for the third month in a row. The government is helping keep momentum going with another round of Q3 funding for its EV trade-in scheme, and a final 2025 round is expected in October.
Europe’s EV momentum is speeding up
Europe saw a 30% year-to-date jump in EV sales, reaching 2.3 million units. Germany and the UK are leading the pack – Germany’s up 43%, and the UK is up 32%. But France posted just a 9% year-over-year gain in July and is still down 11% for the year(..)
P.S. America no longer matters in the global auto market, because no one else can afford uneconomical gas guzzlers...In Europe and China, almost all gasoline and diesel are badly overpriced imports. From a strategic security perspective, both China and Europe need to reduce their dependence on fossil fuel imports. Electric cars, renewable energy sources and nuclear power are good tools to reduce import dependence.
So, in fact, the adoption of electric cars is one of the instruments of strategic security and true energy independence.
China is a leader in renewable energy and electric car technology and is becoming a very interesting business partner for all countries that do NOT have their own oil and gas reserves...
