One of other hand, sales of EVs and PHEVs are reaching record numbers across Europe
July 16, 2025 at 17:10
- A total of 9.1 million EVs and PHEVs were sold globally in the first half of the year.
- China continues to lead the charge with an impressive 5.5 million sales.
- Sales rose just 3 percent in North America, mostly due to a 20 percent drop in Canada.
The global uptick in electric vehicle and plug-in hybrid vehicles continues, but the situation is, understandably, not uniform. Year-to-date sales of EVs and PHEVs have jumped in all major regions and there’s every chance that the momentum will continue through the second half of the year. However, with the US EV tax credit set to expire in just over two months, turbulent times may lie ahead.
It’s been revealed that through the first six months of this year, a total of 9.1 million EVs and PHEVs were sold globally. This represents a massive 28 percent gain from the first six months of 2024 and comes thanks mostly to surging demand for electrified vehicles in China.
Read: EV Sales Just Took A Turn That Should Worry Automakers Everywhere
Rho Motion says that this year, no less than 5.5 million EVs and PHEVs have been sold in the People’s Republic. Unfortunately, the analytics firm does not separate the two categories but bundles them up, so we don’t have a breakup of the mix.
What we do know is that it’s not just China where sales have surged this year. Through the first six months of 2025, 26 percent more EVs and PHEVs have been sold across Europe, hitting 2.0 million units. Last year, sales of EVs in Germany fell dramatically after the first full year without incentives, but they’ve rebounded strongly this year, jumping 40 percent year-to-date. New incentives for electric vehicles recently announced in the country could further this momentum.
Year-to-May electrified vehicle sales also rose 72 percent in Spain, 58 percent in Italy, and 32 percent in the UK.
JAN-JUN EV & PHEV SALES
Canada drags down North America
North America is not performing as well. Sales of EVs and PHEVs are up by just 3 percent this year to ~900,000. Despite what you may think, this isn’t because of the US. Instead, sales have dropped roughly 23 percent in Canada after the nation paused EV subsidies earlier this year. By comparison, sales have grown by 4 percent in the US and by 20 percent in Mexico.
As the $7,500 federal EV tax credit will be scrapped in the US on September 30, Rho Motion expects to see an uptick in EV sales over the coming months, followed by a significant decline in the final quarter of the year.
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