US EditionGlobal EV sales climbed 29% in March, powered by China & Europe
- Global electric vehicle sales rose by 29% year-over-year in March 2025, reaching 1.7 million units, according to Rho Motion.
- China led the growth with nearly 1 million EVs sold, marking a 36% increase compared to March 2024, while Europe saw a 24% rise with total sales of 0.4 million.
- The U.K. Surpassed 100,000 EV units sold in March, representing a 42% increase and contributing to Europe's overall growth in EV sales.
- The U.S. Imposed a 25% tariff on auto imports starting April 3, which is expected to raise costs for foreign-sourced parts, affecting EV pricing.
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Changing sentiment among BEV owners
After a decline in overall satisfaction in 2024, owners of both premium and mass market battery electric vehicles (BEVs) are expressing a change of sentiment this year, according to a recent study. The J.D. Power 2025 U.S. Electric Vehicle Experience (EVX) Ownership Study showed that BEVs reached a market share of 9.1 per cent in 2024 in the United States, up from 8.4 per cent in 2023. This was driven by the growing number of mass market BEV mod…
Global Electric Vehicle Sales Jump In March: What Country Leads In Sales? - XPeng (NYSE:XPEV), Lucid Group (NASDAQ:LCID), Tesla (NASDAQ:TSLA), NIO (NYSE:NIO)
Global electric vehicle sales soared in March 2025, with 1.7 million units sold—up 29% year-over-year—according to Rho Motion.
·New York, United States
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Leaning Left3Leaning Right2Center4Last UpdatedBias Distribution44% Center
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R 22%
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