Global sales of electric vehicles (EVs) and plug-in hybrids jumped 30.5% year-over-year in September, according to data from market research firm Rho Motion. This surge was primarily driven by China’s record-breaking numbers and a return to growth in Europe.

China Leads the Charge

China’s EV market continued its explosive growth, with sales skyrocketing 47.9% to reach 1.12 million vehicles in September. Charles Lester, a data manager at Rho Motion, noted that China’s EV penetration rate is outpacing expectations:

“The penetration rate of BEV and PHEV is growing faster than some expected and sales could be a record every month until the end of the year.”

European Market Shows Signs of Recovery

After a period of slower growth, Europe’s EV sales rose 4.2% to 300,000 units in September. This uptick was fueled by significant gains in the UK (24% increase) and positive momentum in Italy, Germany, and Denmark.

US Market Steady but Uncertain

The US and Canadian markets saw a modest 4.3% increase, reaching 150,000 units. However, Lester pointed out that the upcoming US presidential election on November 5 makes it challenging to predict future trends in the North American market.

Global EV Sales by the Numbers

Worldwide EV sales hit 1.69 million units in September. China dominated with 1.12 million vehicles sold, representing a massive 47.9% increase. Europe followed with 300,000 units, up 4.2%, while the US and Canada combined for 150,000 sales, a 4.3% rise.

Challenges and Opportunities Ahead

While the overall trend is positive, some headwinds remain. France recently announced plans to reduce EV buyer incentives, and Germany ended its subsidy scheme last year. However, the German government has agreed on tax relief for companies selling EVs, which could help maintain momentum.

Rho Motion has adjusted its European EV sales forecasts. They now expect 3.78 million vehicles sold in 2025, which is 24% lower than previous estimates. For 2030, the projection stands at 9.78 million vehicles, 19% lower than earlier forecasts.

EVXL’s Take

The rapid growth of EV sales, particularly in China, demonstrates the increasing global shift towards electrification. This trend aligns with recent developments we’ve covered in the BYD und Tesla categories, where both companies have been expanding their production and market reach. The European market’s recovery is encouraging, but the adjusted forecasts suggest there’s still work to be done to accelerate adoption rates. As the industry evolves, it’ll be crucial to watch how government policies and consumer preferences shape the EV landscape in different regions.

What’s your take on these global EV sales figures? Share your thoughts in the comments below!