Global EV Sales Surge 30% in 2025, Led by China and U.S. Growth
Despite challenges for Tesla and new trade barriers in Europe, electric vehicle sales are accelerating worldwide with significant gains in key markets.
- Global EV sales have increased by 30% in 2025 compared to last year, with significant growth in the U.S., China, and Europe.
- China leads the market with a 76% year-on-year sales increase in February, driven by new models and a shift toward battery electric vehicles over hybrids.
- U.S. EV sales are up 28% this year, partly fueled by consumers taking advantage of expiring tax incentives under the Inflation Reduction Act.
- European markets have seen steady growth, with Germany experiencing a 40% sales jump despite new tariffs on Chinese-made EVs impacting some brands.
- Tesla's sales have declined amid controversies involving Elon Musk, while competitors like BYD are gaining global market share.