Global electric vehicle (EV) sales have experienced significant growth in early 2025, with notable performances in China, Europe, and the United States.

Global Overview

In the first four months of 2025, global EV sales reached approximately 5.6 million units, marking a 29% increase compared to the same period in 2024. This surge is driven by heightened demand in key markets, particularly China and Europe .

China: Leading the Charge

China continues to dominate the global EV market, with domestic brands like BYD and NIO at the forefront. In Q1 2025, EV registrations in China totaled 2.63 million units, a 43.2% year-over-year increase. This growth is supported by substantial government subsidies and a robust supply chain, enabling rapid innovation and expansion .

Europe: Sustained Growth Amid Policy Changes

Europe has seen a 25% increase in EV sales during the first third of 2025. Countries like the UK report EVs accounting for over 20% of new car sales. However, recent relaxations in emissions regulations have raised concerns about the potential slowing of EV adoption momentum .

United States: Steady Progress

In the U.S., EV sales grew by approximately 10% year-over-year in early 2025, with EVs comprising about 10% of new car sales. California leads with over 25% EV market share. While Tesla remains a significant player, its market share has declined amid increasing competition from other automakers .

Emerging Markets: Rapid Adoption

Emerging markets are also witnessing rapid EV adoption. In Brazil, EV sales exceeded 30,000 units in Q1 2025, a 40% increase from the previous year. India saw a 45% year-over-year growth, nearing 35,000 EV sales in the same period. These trends indicate a broadening global acceptance of electric mobility