US EV Sales Surge In 2025

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Despite rumors to the contrary, EV sales rose substantially in the first two months of this year, according to Rho Motion. Global EV sales rose even faster.

The research firm wrote in its monthly EV release that “The US saw a 28% growth in battery electric vehicle sales growth so far this year.” The report shows the US and Canada as a unit. Between the two, EV sales were 300,000 in the two months.

Global Sales Up 30%

Global EV sales rose 30% to 2.4 million. Most of this was due to the strength of Chinese sales, which rose 35% to 1.4 million.

The US number was surprising because Americans continue to shy away from EVs. Last year, only 8% of new car sales were EVs. The anxiety about EVs continues to be about battery range, charging station availability, tire wear, and the lower level of battery charge in cold weather.

GM And Ford

Tesla remains the largest EV company in America by far. Its market share is somewhere between 40% and 50%. However, GM, Ford, and Hyundai Kia have each picked up almost 10% of the market. While Tesla is profitable, the EV segments of legacy car companies continue to lose billions of dollars.

The EV sales momentum in the US could be interrupted. Rho reports, “While the US Clean Vehicle Tax Credit is yet to be removed, the first Bill has been introduced to remove the tax credit.” The loss of the tax credit could add $7,500 to the price of some models