Global sales of electric vehicles increased by 29 percent in the first quarter of 2025 compared to the previous year, amounting to 4.1 million, according to a report by the market research company “Rho Motion” published on Tuesday.
In this period, 2.4 million units were sold in China, 900.000 in Europe, 500.000 in North America, and 300.000 in other parts of the world.
China accounts for 58.5 percent of total global sales of electric-powered vehicles. Sales in the country rose by 36 percent compared to the previous year in the first quarter, as nearly a million electric vehicles were sold in China in March alone.
“Tariffs currently in place between China and the United States (U.S.) will have a limited impact on electric vehicle sales, due to the small volume of trade in the electric vehicle sector between the two countries,” the market research company stated.
They added that Tesla’s S and X models are exported from the U.S.to China in small quantities, but due to current tariffs, the price on the Chinese market would nearly double for these Tesla vehicles.
In the U.S., Canada, and Mexico, electric vehicle sales increased by 16 percent in the same period. While 60 percent of electric vehicles sold in the U.S. in 2024 were manufactured in the country, most of the remaining ones were produced in Japan, South Korea, and Mexico.
The electric vehicle market in Europe grew by 27 percent in the first quarter of 2025 compared to the previous year, with strong sales growth in many countries.
Battery electric vehicle sales increased by 37 percent in Germany, 64 percent in Italy, and 42 percent in the United Kingdom (UK). In the UK, a monthly sales record was broken in March with over 100.000 electric vehicles sold.
On the other hand, in France, sales declined by 18 percent in the same period as incentives for electric vehicles were reduced.
