Global electric vehicle sales set new record

VTV.vn - Global electric vehicle sales in September 2025 increased by 26% to 2.1 million units, thanks to strong demand in China and the US before tax incentives expired.

Tesla electric cars at a charging station in California, USA. (Photo: AFP/TTXVN)

Global sales of all-electric and plug-in hybrid vehicles rose 26% in September 2025 compared to the same period last year to a record 2.1 million units, driven by strong demand in China and a race by U.S. consumers to take advantage of tax credits, market research firm Rho Motion said on October 15.

China, the world's largest auto market, accounts for about two-thirds of global EV sales, with about 1.3 million units, said Charles Lester, chief data officer at Rho Motion. This EV concept includes both all-battery vehicles and plug-in hybrids, according to Rho Motion data.

September is typically the busiest month for auto purchases in China, with sales rising this month as consumers seek to make the most of trade-in subsidies before some regions begin phasing them out.

Meanwhile, North America also saw a 66% increase in electric vehicle sales to a record high of around 215,000 units. The region was largely driven by surging demand in the US, as buyers rushed to apply for the $7,500 electric vehicle tax credit before it expired on September 30.

However, Rho Motion predicts that demand in the US will fall sharply in the fourth quarter of 2025, as both consumers and businesses lose access to federal incentives that have been a key driver of EV purchases. Mr. Lester added that some automakers such as General Motors and Hyundai are trying to mitigate the impact by offering discounts or using inventory at dealerships, but overall production is being cut.

The European market also hit a new high, jumping 36% to 427,541 units, thanks to incentives in Germany and strong demand in the UK. Meanwhile, Tesla’s launch of its lower-priced Model Y in Europe is expected to further intensify competition in the coming months.

Sales in the rest of the world also increased sharply by 48% to 153,594 vehicles.

Source: https://vtv.vn/doanh-so-xe-dien-toan-cau-lap-ky-luc-moi-100251015162250207.htm