Global EV sales hit 20 million in 2025 as U.S. market stalls with 2% decline
By
Indranil Ghosh
Summary
Global EV sales surged 20% in 2025 to exceed 20 million vehicles, with one in four new cars sold worldwide now electric, according to the IEA's annual outlook. However, U.S. EV sales fell 2% last year, diverging from global trends. While rising fuel costs pushed consumers worldwide toward EVs, American consumers faced fewer affordable options due to tariffs and axed subsidies that block Chinese EV models from entering the U.S. market.
Source
bskyGlobal EV sales hit 20 million in 2025 as U.S. market stalls with 2% declinerestofworld.orgKey quotes
· 3 pulledGlobal EV sales grew 20% in 2025 to exceed 20 million, with one in four new cars sold worldwide now electric
EV sales in the U.S., though, fell 2% last year
Rising fuel costs worldwide pushed consumers toward EVs at record rates
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