EV Sales Keep Growing In the US, Represent 20% of Global Car Sales and Half in China

"Despite many obstacles — and what you may read elsewhere — electric-vehicle sales continue to grow at a healthy pace in the U.S. market," Cox Automotive reported this week. "Roughly 7.5% of total new-vehicle sales in the first quarter were electric vehicles, an increase from 7% a year earlier." An anonymous reader shared this analysis from Autoweek: "Despite a cloud of uncertainty around future EV interest and potential economic headwinds hanging over the automotive industry, consumer demand for electric vehicles has remained stable," according to the J.D. Power 2025 US Electric Vehicle Consideration Study released yesterday. Specifically, the study showed that 24% of vehicle shoppers in the U.S. say they are "very likely" to consider purchasing an EV and 35% say they are "somewhat likely," both of which figures remain unchanged from a year ago... Globally the numbers are even more pro-EV. Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%, according to a report issued this week by the International Energy Agency. "Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020," the IEA said. China, which has mandated increases in EV sales, is the leader in getting electric vehicles on the road, with electric cars accounting for almost half of all Chinese car sales in 2024, the IEA said. "The over 11 million electric cars sold in China last year were more than global sales just 2 years earlier. As a result of continued strong growth, 1 in 10 cars on Chinese roads is now electric." Interesting figures on U.S. EV sales from the article: 2024 EV sales rose 7.3% from 2023, according to Cox Automotive data. "Last year American consumers purchased 1.3 million electric vehicles, which was a new record, according to data from KBB. "Sales have never stopped growing, and the percentage of new cars sold powered purely by gasoline continues to slip. Read more of this story at Slashdot.

May 19, 2025 - 15:00

EV Sales Keep Growing In the US, Represent 20% of Global Car Sales and Half in China

"Despite many obstacles — and what you may read elsewhere — electric-vehicle sales continue to grow at a healthy pace in the U.S. market," Cox Automotive reported this week. "Roughly 7.5% of total new-vehicle sales in the first quarter were electric vehicles, an increase from 7% a year earlier." An anonymous reader shared this analysis from Autoweek: "Despite a cloud of uncertainty around future EV interest and potential economic headwinds hanging over the automotive industry, consumer demand for electric vehicles has remained stable," according to the J.D. Power 2025 US Electric Vehicle Consideration Study released yesterday. Specifically, the study showed that 24% of vehicle shoppers in the U.S. say they are "very likely" to consider purchasing an EV and 35% say they are "somewhat likely," both of which figures remain unchanged from a year ago... Globally the numbers are even more pro-EV. Electric car sales exceeded 17 million globally in 2024, reaching a sales share of more than 20%, according to a report issued this week by the International Energy Agency. "Just the additional 3.5 million electric cars sold in 2024 compared with the previous year is more than the total number of electric cars sold worldwide in 2020," the IEA said. China, which has mandated increases in EV sales, is the leader in getting electric vehicles on the road, with electric cars accounting for almost half of all Chinese car sales in 2024, the IEA said. "The over 11 million electric cars sold in China last year were more than global sales just 2 years earlier. As a result of continued strong growth, 1 in 10 cars on Chinese roads is now electric." Interesting figures on U.S. EV sales from the article: 2024 EV sales rose 7.3% from 2023, according to Cox Automotive data. "Last year American consumers purchased 1.3 million electric vehicles, which was a new record, according to data from KBB. "Sales have never stopped growing, and the percentage of new cars sold powered purely by gasoline continues to slip.