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electric vehicle sales
Latest news regarding electric vehicle sales.
Chinese electric vehicle sales plummet 20% in Q1 2026: Pressure from policy.
The world's largest electric vehicle market has taken a hit, with sales falling 20% due to subsidy cuts, pushing German automakers into a record decline in market share.
Car
VinFast sets a new sales record with over 27,600 electric vehicles sold in March 2026.
VinFast recorded a 127% growth compared to the same period in 2025, reaching 27,609 electric vehicles delivered in March 2026. The Limo Green model became the best-selling vehicle with 6,795 units sold.
VinFast aims to sell 300,000 electric cars and 1 million electric motorcycles by 2026.
The Vietnamese automaker expects to reach break-even point by 2026 through its expansion strategy in the Asian market and product diversification, despite pressure from investment costs.
Tesla Model Y to lose to BYD Song in China in November 2025.
BYD Song led in November 2025 with 56,000 vehicles; Tesla Model Y reached 55,000. Wholesale EV sales totaled 1.706 million, retail sales 1.321 million; market penetration 59.3%, Tesla accounted for 5.5%.
VinFast leads ASEAN electric vehicle market as gasoline-powered vehicles stagnate.
PwC notes a 62% increase in ASEAN electric vehicle sales after the first three quarters of the year. VinFast sold 110,362 vehicles by September, 94% in Vietnam; V-Green operates approximately 3,000 charging stations, sparking debate about the extent of...
China reduces tax incentives for new energy vehicles by 50% in 2026.
The policy of full tax exemption for NEV purchases ends on December 31, 2025; from January 1, 2026, the discount will be reduced to 50% with a ceiling of 15,000 RMB. Orders at dealerships increased by nearly 60%.
Electric car sales in the US in 2025: Tesla leads, market share declines.
In Q3 2025, US EV sales reached a record 438,487 vehicles, accounting for 10.5% of the market share. The Model Y led with 114,897 vehicles; Tesla's market share declined to approximately 41% as Chevrolet and Hyundai gained ground. Data according to Kelley Blue...
Global sales of electrified vehicles reached a record 2.1 million units.
October 17, 2025 07:09
The global electrification market reached a new record in September with 2.1 million vehicles sold, but faces challenges as incentive policies in many major markets are about to end.
Electric vehicle sales rose slightly globally in July, but declined in China.
August 15, 2025 14:00
Global electric vehicle sales in July rose 21%, the lowest since January, as the Chinese market cooled but Europe and other regions saw strong growth.
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