Global EV Growth Slows as U.S. Demand Falls and China’s Market Levels Off

Global EV Growth Slows as U.S. Demand Falls and China’s Market Levels Off

An almost flat month for electric vehicle sales in China drove a slowdown in global sales of the vehicles in November, with the United States booking a decline after the federal government phased out subsidies. In Europe, by contrast, EV sales continued growing thanks to the local governments’ unwavering support for transport electrification as expressed by robust financial incentives, Reuters reported, citing the latest car sales figures from t…

Global EV sales reach 18.5 million units, growing by 21% YTD in November 2025

Benchmark Mineral Intelligence, specialising in EV and battery supply chain research and insights, reports that 2.0 million electric vehicles were sold globally in November 2025. Rho Motion Data Manager, Charles Lester, commented: “Global EV sales reached 2.0 million units in November 2025, bringing cumulative sales to 18.5 million year-to-date, up 21% on 2024. Europe led … Continued

Global EV sales growth slowest since Feb 2024 on China plateau, US policy changes

GLOBAL EV sales grew in November at the slowest rate since February 2024 as China plateaued, while the end of an EV tax credit scheme in the United States set North America on track for its first year...