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.
DIG DEEPER: It's Time to Rethink What We Sell in the F&I Office
Originally posted on F&I and Showroom
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →