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Global Electric Vehicle Sales Surge 24% in June as US Market Falters

Backed by Chinese stimulus schemes alongside European incentives, global EV demand remains robust ahead of the US tax credit deadline in September.

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An electric car is charged at a roadside EV charge point, London, October 19, 2021. REUTERS/Toby Melville/ File Photo

Overview

  • Global EV sales rose 24% year-on-year in June to 1.8 million units, contributing to 9.1 million electric vehicles sold in the first half of 2025, a 28% increase.
  • China led the growth with 1.11 million vehicles sold in June (up 28%) and 5.5 million in H1 (up 32%), accounting for over half of global EV volume.
  • Europe recorded about 390,000 EV sales in June (up 23%) and 2.0 million in H1 (up 26%), driven by fleet mandates and more affordable models.
  • North American EV sales fell 1% in June after a modest 3% rise in H1, pressured by early reductions in US federal tax incentives.
  • Rho Motion data manager Charles Lester forecasts a third-quarter rush as consumers accelerate purchases before US credits expire on September 30.