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EV Sales Have Record Month

Worldwide deliveries helped along by the end of incentives in the U.S. and the creation of aid elsewhere

October 17, 2025
EV Sales Have Record Month

South Korea was one of the EV sales leaders in September, including deliveries by Hyundai, one of its home-grown brands.

Credit:

Hyundai

1 min to read


Global electric-vehicle sales reached a historical mark in September, helped along in part by U.S. deliveries goosed by expiring federal tax credits.

Worldwide EV sales surpassed two million for the first time in a single month, according to London-based EV data provider Rho Motion.

In all, 2.1 million electric units were sold, bringing year-to-date deliveries to 14.7 million, up 26% year-over-year.

Besides the U.S., sales leaders were the United Kingdom, where a government incentive spurred consumers, and South Korea, which imported more units from China-based EV maker BYD, along with EVs by Tesla and home-grown brands Hyundai and Kia, Rho Motion said.

China, an EV adoption leader, has seen a 24% jump in EV sales so far this year to nine million units. Europe is up 32% to three million, and North America 11% to 1½ million, according to the report.

The market analyst expects increased sales in Germany due to recently approved incentives there to enable more purchases by low- and middle-income households.

Meanwhile, automakers are scaling back U.S.-based EV production after the tax credit expired, including General Motors, Mercedes, Volkswagen and Nissan, said Rho Motion, which indicated that Nissan nixed its plans to make any EVs here.

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