Institute for Energy Research: EV Sales Grew 20% Globally in 2025
January 31, 2026
January 31, 2026
WASHINGTON, Jan. 31 -- The Institute for Energy Research issued the following commentary on Jan. 30, 2026:
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EV Sales Grew 20% Globally in 2025
Global electric vehicle (EV) sales grew 20% in 2025, with 20.7 million EVs sold. According to Benchmark, the European EV market grew by 33% compared with 2024, with strong growth in Germany (48%), and the UK (27%). U.S. EV sales grew by only 1% in 2025, primarily due to the elimination of the federal tax credit . . .
* * *
EV Sales Grew 20% Globally in 2025
Global electric vehicle (EV) sales grew 20% in 2025, with 20.7 million EVs sold. According to Benchmark, the European EV market grew by 33% compared with 2024, with strong growth in Germany (48%), and the UK (27%). U.S. EV sales grew by only 1% in 2025, primarily due to the elimination of the federal tax credit . . .