Record demand for EVs
Some 2.1 million EVs were sold globally last month, an increase of 24 per cent from September 2024 and the highest monthly total on record.
It takes the year-to-date total to 14.7 million units, which is 26 per cent higher than a year ago, according to Rho Motion.
The company, which specialises in EV supply chain research and insights, notes the year-to-date numbers have increased in all the key regions.
Charles Lester, Rho Motion data manager, says: “Global EV sales topped two million units in a single month for the first time, driven by record-breaking demand across major markets.
“The US surged ahead as buyers raced to claim expiring tax credits, the UK hit new highs on the back of fresh registration plates and the Electric Car Grant, and South Korea set records thanks to Tesla, Hyundai, Kia, and rising BYD imports.”
Europe’s EV market for the first nine months of 2025 has grown by 32 per cent from the same period last year to three million units, while China’s is up 24 per cent to nine million and North America experienced 11 per cent growth to 1.5 million.
For September alone, Europe completed a record 427,000 EV sales for a year-on-year climb of 36 per cent.
The US market scored its second consecutive monthly high, although Rho Motion says demand is expected to fall in the last quarter of 2025 after federal incentives for EV purchases expired at the end of September.
China’s EV market reached 1.3 million units last month, as volumes of battery EVs hit record numbers and rose 28 per cent year on year to just over 800,000 units.
