Worldwide EV Sales Rise in August
Changing legislation produces mix of outcomes in different regions.
Pexels/Kindel Media
Electric-vehicle sales rose globally in August, juiced from different directions as U.S. government incentives wind down on one end and European Union emissions curbs inspire adoption on the other.
EV deliveries increased 5% over July and 15% year-over-year to 1.7 million units, according to Rho Motion data.
The EU has aimed to bar sales of gas- and diesel-powered vehicles in 2035, which is increasing EV adoption on the continent. Year-to-date EV sales there are up 31% to 2.6 million units, Rho Motion said.
Many U.S. automakers did have similar targets for their lineups until expected domestic demand levels failed to materialize. The Trump administration has further dampened EV growth here with its easing of emissions regulations and axing of federal EV tax credits, though the expiration has meanwhile brought an EV sales spike.
North American deliveries on the whole are up 6% year-to-date, despite Canadian sales falling by a third after the end of an EV rebate program, Rho Motion said.
China, a major EV adopter, saw its sales grow 11% in August, according to the report. That’s a 6% year-over-year jump and up 25% year-to-date.
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