Global electric vehicle sales are slowing down.

VTV.vn - Global electric vehicle sales are showing signs of slowing growth, mainly due to less optimistic results in the Chinese and US markets.

Global electric vehicle sales have slowed due to the impact from the Chinese and US markets.

According to newly released data, global electric vehicle (EV) sales growth in November 2025 hit its lowest level since February 2024. This was primarily due to a slowdown in growth in the Chinese market, while the end of the US tax credit program puts North America at risk of a sales decline for the first time since 2019.

According to consulting firm Benchmark Mineral Intelligence (BMI), in contrast to the US, the European market continues to maintain strong growth momentum thanks to national support programs. The number of EV registrations, including both pure electric and plug-in hybrid vehicles, in the region has increased by one-third compared to the same period last year.

Electric vehicle advocates argue that a rapid transition is necessary to reduce CO2 emissions. However, against a backdrop of slower-than-expected electric vehicle adoption, many automakers and governments have withdrawn some green commitments. Lobbying groups warn this could threaten jobs and profits in the automotive industry.

In terms of specific figures, global electric vehicle registrations in November 2025 increased by 6% to nearly 2 million units. Of this, the Chinese market saw a 3% increase to over 1.3 million vehicles – the lowest increase since February 2024; conversely, the North American market recorded a sharp decline of 42%.

Source: https://vtv.vn/doanh-so-xe-dien-toan-cau-tang-truong-cham-lai-100251215073321183.htm