Overview

• Global electric vehicle sales rose 21% in July, the weakest monthly increase since January, as Rho Motion data show China’s registrations climbed just 12% amid paused subsidies.
• Europe drove much of the late-summer rebound with about 390,000 electrified vehicle registrations in July, a 48% gain supported by regional incentive schemes.
• Spain recorded 22,898 electrified vehicle registrations in July, up 152.5% year-on-year, pushing its national fleet to roughly 599,000 plug-in models.
• The number of public charging points in Spain has grown to around 43,500, but many drivers remain cautious about long-distance electric journeys.
• Chinese subsidy funds are expected to resume in August to boost domestic sales, while U.S. federal EV tax credits will shrink from late September, influencing near-term demand.