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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