EV sales are up everywhere in the world — except North America
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 is based in the US, but Americans are buying fewer battery-powered vehicles. 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. There were 1.7 million EVs sold in North America between January and November — far behind the 11.6 million sold in China and below the 3.8 million sold in Europe. 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 ...
