{"id":40700,"date":"2025-12-13T09:12:06","date_gmt":"2025-12-13T09:12:06","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/ev-sales-are-up-everywhere-in-the-world-except-north-america\/"},"modified":"2025-12-13T09:12:06","modified_gmt":"2025-12-13T09:12:06","slug":"ev-sales-are-up-everywhere-in-the-world-except-north-america","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/ev-sales-are-up-everywhere-in-the-world-except-north-america\/","title":{"rendered":"EV sales are up everywhere in the world &mdash; except North America"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/693c440a832e0ef1ead6232b?format=jpeg\" alt=\"Tesla EV chargers\"\/><figcaption>Tesla EV chargers.<\/p>\n<p>Justin Sullivan\/Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>EV sales rose globally by 21%, but declined 1% in North America this year, new data shows.<\/li>\n<li>The US sales slump follows policy changes, tariffs, and the end of the $7,500 EV tax credit.<\/li>\n<li>China leads with 11.6 million EVs sold.<\/li>\n<\/ul>\n<p>The most valuable EV company in the world is based in the US, but Americans are buying fewer battery-powered vehicles.<\/p>\n<p>EV sales in North America fell 1% this year compared to 2024, according to data from supply chain data firm Benchmark Mineral Intelligence. The dip comes as the US has faced a combination of policy changes, tariffs, and supply chain upheavals this year.<\/p>\n<p>There were 1.7 million EVs sold in North America between January and November \u2014 far behind the 11.6 million sold in China and below the 3.8 million sold in Europe.<\/p>\n<p>US automaker execs have been sounding the alarm bells on sales. In September, Ford CEO Jim Farley predicted that the EV market share in the US would nearly halve to around 5% in the near term.<\/p>\n<p>Benchmark Mineral Intelligence cited the $7,500 EV tax credit ending in September as a reason for &quot;subdued&quot; sales in the US, along with the Trump administration relaxing rules for automakers designed to encourage the transition to EVs and hybrids.<\/p>\n<p>Elon Musk&#039;s Tesla has had a rocky year in almost all of its biggest markets, but it weathered the October drop-off better than its rivals, according to separate data from Cox Automotive. The world&#039;s most valuable car company, however, is facing a race against time to avoid a second consecutive year of declining sales.<\/p>\n<p>Other US EV makers have been hit by slowing demand, with GM and Rivian both announcing layoffs in recent months.<\/p>\n<p>China&#039;s overall EV sales were up 19%. While BYD, the country&#039;s biggest EV maker, hit a rough patch in its home market amid rising competition from local startups, it set a record for EV exports in October.<\/p>\n<p>Globally, EV sales were up 21% compared to last year, the Benchmark Mineral Intelligence data showed.<\/p>\n<p>&quot;Overall, EV demand remains resilient, supported by expanding model ranges and sustained policy incentives worldwide,&quot; said Charles Lester, data manager for Rho Motion, the Benchmark subsidiary behind the report.<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla EV chargers. Justin Sullivan\/Getty Images EV sales rose globally by 21%, but declined 1% in North America this year, new data shows. The US sales slump follows policy changes, tariffs, and the end of the $7,500 EV tax credit. China leads with 11.6 million EVs sold. The most valuable EV company in the world [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40701,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-40700","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/40700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=40700"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/40700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/40701"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=40700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=40700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=40700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}