ροδος ιστοσελιδες κατασκευη

CAR RENTAL NEWS

Get the latest car rental news and analysis on industry around the world.

You are here: Home / INDUSTRY NEWS / Global EV sales jump 24% in June though North American market struggles, research firm says
.

Global EV sales jump 24% in June though North American market struggles, research firm says

(Reuters) – Global sales of electric and plug-in hybrid vehicles jumped 24% in June from a year ago, as a switch to electric vehicles maintained momentum in China and Europe, market research firm Rho Motion said on Tuesday.
Still, EV sales in the United States were down 1% in the month and will struggle to pick up this year, after President Donald Trump’s spending bill cut tax credits sooner than anticipated, Rho Motion’s data manager Charles Lester said.
North America, also weighed by slowing sales in Canada, lagged for the first time behind the “rest of the world” countries, which include emerging markets in Southeast Asia and South and Central America, Lester said.
WHY IT’S IMPORTANT
Global automakers face a 25% import tariff in the United States, the world’s second-largest car market, causing many of them to withdraw their outlooks for 2025.
In Europe, incentives, for retail and fleet buyers in key markets such as Germany and Spain, alongside a growing availability of cheap EVs, are expected to support electric car sales through the second half of the year.
While some of the most successful EVs in the small vehicle segment are produced by European carmakers such as Volkswagen and Renault those by Chinese brands including BYD are taking up market share in the continent and driving growth in emerging markets, Lester said.
BY THE NUMBERS
Global sales of battery-electric vehicles and plug-in hybrids rose to 1.8 million units in June, Rho Motion data showed.
Sales in China jumped 28% from the same month last year to 1.11 million vehicles.
Europe posted a 23% increase to about 390,000 units, while North American sales fell 9% to over 140,000.
Sales in the rest of the world surged 43% to exceed 140,000 vehicles.
KEY QUOTE
“There’s been reports over the last few months of a slowdown potentially in China” due to some cities running out of subsidies, Lester said.
“But overall, we’d expect in (the second half) for more subsidy amounts to be available,” leading to a “big boost” in volumes towards the end of the year, he added.
Reporting by Alessandro Parodi in Gdansk; Editing by Matt Scuffham and Bernadette Baum
Source: worldautoforum.com

I Towed 10,000 Pounds With My Chevy Silverado EV Across Alberta And Discovered Super Cruise Works Flawlessly With A Trailer, But My Range Dropped To Just 124 Miles

Follow us today...       The electric vehicle revolution has promised to transform every aspect of automotive capability, from daily commuting to heavy-duty work applications. But promises and marketing claims mean nothing until real owners put these vehicles through the demanding scenarios that define their actual … [Read More...]

I Purchased A 2025 Toyota Tundra SR Double Cab 4×4 For Under $40,000 And Found The Base Model Offers Everything I Need Without The Financial Burden Of Monthly Payments

Follow us today...       The automotive industry has spent decades convincing buyers that more is always better. More horsepower, more features, more luxury appointments, more technology. This relentless upselling has created a market where the average new vehicle transaction price has soared past $48,000, pricing … [Read More...]