Europe drives sixth straight month of global EV sales growth

Global demand for electric vehicles (EV) rose for a sixth consecutive month in August, with Europe leading the growth, data from UK-based research firm Benchmark Mineral Intelligence shows.

Sales of battery-electric and plug-in hybrid vehicles indicated growing differences between major markets, Caliber.Az reports, citing Reuters.

Subsidies are supporting demand in Europe, while the US market has been affected by the removal of federal EV tax credits in September 2025, and Chinese automakers are increasingly relying on exports for growth.

Global EV sales rose 2% to 1.83 million vehicles in August, bringing year-to-date volumes to 13.4 million units.

Monthly sales in Europe climbed 36% to 380,000 units, pushing year-to-date growth to 29%.

Europe’s growth is backed by continued strength in subsidy-backed demand in the region’s major markets.

Chinese sales fell 11% to 1.03 million vehicles, affected by a tougher year-ago comparison.

North American sales dropped 33% to 140,000 vehicles, reflecting last year’s EV buying rush in the US before the federal tax credit expired.

Sales for the rest of the world jumped 97% to 290,000 units.

By Bakhtiyar Abbasov