Electric vehicle sales rise slightly globally in July, but fall in China

Global electric vehicle sales rose 21% in July, the slowest since January, as the Chinese market cooled but Europe and other regions saw strong growth.

Quick summary:

July 2025: Global electric vehicle sales reach 1.6 million units, up 21%, the lowest level since January.

China slowed down, growing only 12% due to the suspension of some subsidy packages.

Europe increased by 48%, North America increased by 10%, other regions increased by 55%.

China is expected to recover from August, but the US may see reduced demand from late September.

Global electric vehicle sales slow down

Global electric vehicle sales, including battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), reached 1.6 million units in July 2025, up 21% from the same period in 2024, but down from 25% in June. This is the slowest growth rate since January, according to a report from market research firm Rho Motion.

The decline was largely due to the Chinese market, which accounts for more than half of global electric vehicle sales, growing just 12% in July, well below the 36% average in the first half of the year.

In contrast to China, other regions saw impressive growth. Electric vehicle sales in Europe rose 48% to around 390,000 units, helped by a range of incentives. North America grew 10% to over 170,000 units, while the rest of the world grew by 55% to over 140,000 units.

Outlook for the coming months

Although growth rates vary between regions, Rho Motion believes that the overall trend of the global electric vehicle market in 2025 will still be clearly upward, with demand shifting to emerging markets.

Despite regional variations, the overall trend for the global EV market in 2025 remains positive. “Despite regional variations, the EV adoption trend in 2025 remains very positive,” said Charles Lester, Head of Data at Rho Motion.

With support from new policies and additional capital, especially in China, the global electric vehicle market is forecast to continue to grow strongly in the remaining months of the year.

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Source: https://baonghean.vn/doanh-so-xe-dien-thang-7-tang-nhe-tren-toan-cau-nhung-giam-o-trung-quoc-10304492.html