Global EV sales rise as Europe sets record and US demand lags

· Climate · United States

Global plug-in vehicle registrations rose 5% year over year in August to about 1.8 million units, with battery electrics up 13% and plug-in hybrids down 12%. Europe posted a record month with BEVs at 30% market share, while US third-quarter EV sales came in mixed.

Why it matters:The divergence between record European demand and a soft US market shapes production, pricing and export planning for global automakers.

Key points

  • Global plug-in registrations reached roughly 1.8 million units in August.
  • BEV registrations grew 13% year over year while PHEVs fell 12%.
  • Europe's August BEV share hit 30%, with volumes up 51% year over year.

Sources (original reporting)

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