From January to July, China’s EV market recorded cumulative sales of 6.5 million units, up 29% YoY, with BEVs and PHEVs growing 40% and 14%, respectively.
According to the latest data from EV research firm Rho Motion, global electric vehicle (EV) sales reached 10.7 million units in the first seven months of 2025, up 27% year-on-year (YoY). China accounted for 6.5 million units, more than 60% of the global total, maintaining its position as the world’s largest EV market.
Snapshot EV sales in YTD 2025 (Jan-Jul 2025) vs YTD 2024 (Jan-Jul 2024), YTD %
- Global: 10.7 million, +27%
- China: 6.5 million, +29%
- Europe: 2.3 million, +30%
- North America: 1.0 million, +2%
- Rest of World: 0.9 million, +42%
Regionally, Europe’s EV market posted cumulative sales of 2.3 million units in the first seven months, a 30% increase from the same period last year. Within this, battery electric vehicles (BEVs) rose 30% while plug-in hybrid electric vehicles (PHEVs) increased 32%. Performance varied by country: Germany, Italy, and the UK saw notable growth of 43%, 40%, and 32%, respectively, whereas the French market declined 11%.
By contrast, North America witnessed only a modest 2% increase, reaching 1.0 million units, reflecting the impact of policies and tariffs. Analysts expect a short-term surge in demand ahead of the September expiration of the Inflation Reduction Act (IRA) tax credits.
China remains the key driver of global EV growth. Although sales fell 13% month-on-month (MoM) in July, YoY growth was 12%, and cumulative sales for the first seven months rose 29% to 6.5 million units.
Within China, BEV sales surged 40%, while PHEVs increased by 14%. Notwithstanding a MoM decline in July and a slight drop in overall passenger vehicle sales, EV penetration in China remains above 50%.
On the policy front, government measures such as trade-in programs and consumer subsidies, initiated last year, continue to stimulate EV demand. By the end of July, the government disbursed the third-quarter subsidy funds to provide market support, with the next round of funding expected in October.
Overall, global EV sales continue to grow, albeit regional trends diverge. China’s market scale and sustained growth continue to play a decisive role in shaping the global EV landscape.
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