Global Electric Vehicle Sales Surge by 29% in March 2025
In March 2025, global electric vehicle (EV) sales experienced a significant 29% increase, driven primarily by strong growth in China and Europe, according to data from Rho Motion. Despite ongoing trade tensions and policy changes, the EV market has shown resilience and continued momentum.
The total sales of battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) reached 1.7 million units worldwide. China led the way with a 36% increase in sales, totaling nearly 1 million electric vehicles. This growth was fueled by high consumer demand and government incentives. Following closely behind, Europe saw a 24% rise in EV registrations, reaching 0.4 million units. Countries such as Germany, Italy, and Britain played a significant role in driving BEV growth in the region.
Rho Motion’s data manager, Charles Lester, highlighted that emission targets and regulations have played a crucial role in boosting BEV sales in key European markets.
In contrast, the United States and Canada experienced a more modest 12% increase in EV sales, totaling 0.2 million units. This slower growth can be attributed in part to President Donald Trump’s stance on emissions standards and trade policies. The implementation of 25% tariffs on foreign auto imports in the U.S. on April 3 has raised concerns about its impact on global supply chains, prices, and sales in the country.
Tesla CEO Elon Musk addressed the potential impact of tariffs on the company, noting that certain parts and components are challenging to source domestically. The tariffs are expected to increase costs for foreign-sourced parts, ultimately affecting EV pricing.
China’s retaliatory tariffs could further complicate the situation. In the case of Tesla, Chinese tariffs may double the prices of U.S.-made Model S and Model X vehicles. Additionally, the European Union and China are discussing minimum pricing for Chinese EV imports to replace previous tariffs, aiming to stabilize trade relations.
Despite challenges in North America, other regions reported a 13% increase in EV sales, indicating steady but slower adoption of electric vehicles. The global demand for EVs remains strong, particularly in China and Europe, where supportive policies and mature markets are driving growth. As trade dynamics continue to evolve, the EV sector faces both opportunities and obstacles in sustaining its upward trajectory.