Particle.news
Download on the App Store
6 ARTICLES
·
last wk.

Global EV Sales Rise 29% Year-on-Year in April, Driven by China and Europe

Despite a 12% monthly decline, strong Chinese demand and European policy incentives fuel robust electric vehicle market growth.

Cars get charged at a charging point in Oslo, Norway, December 11, 2024. REUTERS/Leonhard Foeger/ File Photo
Image
People looking inside the interior of a medium-sized vehicle at a car dealership.
A BYD electric vehicle charges at a dealership in Brazil. BYD is now the largest EV maker in the world, and is increasingly exporting its affordable models to emerging economies.

Overview

  • April 2025 saw global EV sales reach 1.5 million units, reflecting a 29% increase year-on-year but a 12% drop compared to March.
  • China led the global market with 3.3 million EVs sold year-to-date, a 35% increase supported by an extended trade-in subsidy scheme.
  • Europe recorded a 25% year-on-year sales increase to 1.2 million units, driven by emissions targets and imports from Chinese manufacturers.
  • North America lagged behind, with just 5% growth year-to-date and a 5.6% sales decline in April compared to the previous year.
  • The International Energy Agency forecasts EVs will account for over 25% of global car sales in 2025, with market share potentially exceeding 40% by 2030.