Archive · 13 Aug 2025
Global EV Sales Growth Slows in July Amidst Regional Variation
The growth of electric car sales around the world slowed down a bit in July.
This is because China, which buys the most electric cars, had fewer sales.
The government had stopped some money-saving programs that helped people buy electric cars.
However, other places like Europe and North America are still buying lots more electric cars than last year, especially due to the help of the government.
Experts still think that more people will buy electric cars in the future.
Global EV sales grew 21% year-on-year in July, the slowest pace since January.
China, the largest EV market, saw its growth rate slow to 12% in July due to subsidy changes.
Europe's EV sales surged by 48% in July, driven by government incentives.
North America's EV sales increased by 10% in July.
The global EV market faces regional variations but is expected to grow in the long term.
- Who
- The EV market, including manufacturers, consumers, and governments.
- What
- Global electric vehicle (EV) sales growth slowed in July.
- When
- July
- Where
- Globally, with a focus on China, Europe, and North America.
- Why
- A slowdown in China due to changes in government subsidies, though other regions show continued growth.
- Global EV Sales Growth (July)
- 21% year-on-year
- China EV Sales Growth (July)
- 12%
- Europe EV Sales Growth (July)
- 48%
- North America EV Sales Growth (July)
- 10%
- China's Share of Global EV Sales
- More than half
