Global EV market skyrockets in 2025 – 1.7M sales in August, up 29% YTD
The media has reported that EV sales have grown by 25% worldwide this year, but they’ve actually kind of gotten this wrong. Rowotion reported this information, and it’s a bit misleading because that includes plug-in hybrids. So, if you actually take plug-in hybrids out of the equation, EV sales have grown by 30%. is plug-in hybrid sales have not grown at the same pace as electric cars this year. Some governments and some automakers, they’re still saying that electric car sales are going down and there’s so many millions and millions of people that believe this complete nonsense. It’s uh actually the truth couldn’t the truth is so completely different to the narrative being created by the media that it’s just insane. The global EV car market has surged and in August it was up 25%. With 1.7 million sales of electric cars alone, just one month. YouTube’s new algorithm means that you’re often not getting all of our videos in your feed. There’s 7,500. I’m pretty sure you’re probably not seeing a lot of them. In the description, there is a link to our newsletter. Click on that and you can get an update every day of all the latest news in the electric car industry. Hello my friends, welcome to the channel. I’m Sam Evans. Great to have you here. August 2025, 1.7 million electric cars were sold. That’s a 5% increase compared to July. 15% higher than August 2024. But for the year so far, EV sales are up 25%. EVs made up the bulk of those sales, 1.16 million. Plug-in hybrids were 570,000. In total, 12.5 million electric cars were sold in the first 8 months of this year. And that number will appear to grow much quicker over the next few months because October, November, and December, those are the months where well, about 50% of China’s cars that are sold are sold in just those three months alone for the year. That’s when car sales more than double in China. And well, EV sales are skyrocketing there as well. It’s interesting to see the numbers, though. EVs versus plug-in hybrids. Yeah. I mean, 1.16 million of those were EVs. So, nearly 1.2 million. 570,000 were plug-in hybrids. Now, if you were to believe some of these automakers, they’re all saying, “Wow, we can’t sell EVs anymore. We got to sell plug-in hybrids now. better pivot, better move to hybrids. They’re just talking out their butts. It’s nonsense. It’s It’s just stuff. It’s what they’re saying because their profits are are crashing. That’s what it is. It’s not about EV demand. It’s about profits crashing. Look at all the legacy automakers. Their profits have all basically nosedived. And the reason they sell more EVs, they make less money because yeah, they don’t make enough EVs. They just don’t make enough of them. They don’t make them efficiently. They don’t have their own dedicated production lines in a lot of instances. So, it costs them a lot more to make an EV when it should actually be costing them the same amount or even potentially less at least over the next few years. The North American market has reached a record monthly high as consumers buy more EVs. That’s part of the numbers, but to be honest, not that many electric cars sold in the North American market. Think about it. Of the 1.2 2 million electric cars sold in August. Only 145,000 of those were actually in North America. Not a huge number. Momentum is pretty strong in Europe though, underpinned by the emissions legislation. Germany and the UK grew 45% and 31%. So EV sales in Germany up 45% in August. In the UK up 31%. Uh China of course sales are going very well there as well. So looking at the numbers here for this year 12.5 million EVs sold up 25%. China 7.6 million up 25%. Europe 2.6 million up 31%. North America 1.3 million up 6%. Rest of the world 1 million up 44%. So the rest of the world’s EV sales are growing faster than China, Europe, or North America. That’s really encouraging. You’re seeing places like Nepal where EV sales have hit more than 75%. Europe is seeing the fastest growth out of China, the US, and Europe itself. Sales up 31% year to date, split evenly, surprisingly, between EVs and plug-in hybrids. Now, I should point out that um EVs are growing faster than plug-in hybrids in Europe, significantly faster. Germany, though, sales up 45%. The UK 31%, Spain has doubled its EV sales this year. Italy is up 41%. France, strangely, sales are down 9%. I don’t know what’s going on in France. I think incentives might have come down, something like that. The UK, the UK is also up 31%. So, they’re doing well compared to the same month of last year. Ford’s Puma Gen E and its E20 Courier both qualified for the maximum UK discount of $5,100. Um I believe they’re actually manufactured in the UK. That’s why they get that full discount. Body doesn’t get any discounts in the UK incentives, but it’s growing its sales in Europe significantly and in the UK as well. Actually, sales for BD are up in Europe by about 180% this year, which is offsetting its decline in China. In North America, sales are up only 6%, which is, to be honest, a new monthly record, but still a little disappointing considering the incentives end by at the end of September. Canada is struggling though with EV sales down by 1/3 this year after the Isv rebate was actually paused. That slump in in combination with difficult economic conditions um is definitely going to challenge the EV sales mandate in 2026. So, we’ll see what happens there. That’ll be interesting to see. China, its EV market grew. Sales are up 11% in August compared to July, 6% year-over-year, but year to date sales are still up enormously by 25%. Yes, growth has slowed. Uh, the truth is that um the growth that’s slowing is not EV sales, it’s actually plug-in hybrid sales. Plug-in hybrid sales are tanking. EV sales have grown faster. We’re just seeing the numbers here from electric that are actually and from um Romotion. They’re reporting sales numbers together of plug-in hybrids and EVs in China. So, they’re making it look like sales are going down, but actually it’s not the case. It’s plug-in hybrid sales going down and EV sales are continuing to increase significantly as is the case with BYD, for example. I mean, their EV sales were up by 30%. Plug-in hybrid sales were down by 24%, I believe, approximately. Those were the numbers for August. That gives you kind of a good snapshot of what’s actually happening in China. So, globally, electric car sales continue to rise, 25% increase this year. And I believe if you actually subtract plug-in hybrids from that number, the growth is closer to 30%. So, it’s actually even better than what Romotion are saying. Thanks for watching. Let me know your thoughts. Bye-bye. [Music]
Global EV market skyrockets in 2025 – 1.7M sales in August, up 29% YTD
The global EV market is on fire in 2025, with 1.7 million units sold in August alone, marking a 29% year-to-date surge compared to last year. Strong demand in China, Europe, and the U.S. highlights how electric vehicles are rapidly moving from niche to mainstream worldwide.
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Global EV market surges with 1.7M sales in August, up 25% YTD
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