While sales were down on the main markets from a strong December, they are much improved compared to twelve months ago
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by Brad Anderson
February 13, 2025 at 09:20
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- Sales increases were reported across Europe, the United States / Canada and China in January.
- Rho Motion notes that EV’s demand remains strong in the United States despite President Donald Trump.
- Last year, a record of 17 million electric vehicles and Phevs was sold worldwide.
We are barely six weeks after 2025, but it is already clear that this year promises to be another strong for electric vehicles and PHEV. After a record of 2024, which saw global sales of electrified vehicles rise by 26%, January started with significant growth, all the main markets showing notable gains over the year.
According to Rho Motion data, around 1.3 million electric vehicles and rechargeable hybrids were sold worldwide. This represents an increase of 18% compared to January 2024, although it is worth noting a sharp drop of 35% compared to December 2024. The decrease of December is largely due to a drop of 43% of sales of China – The largest market for electrified vehicles. This drop is not surprising, given the New Year’s Chinese holidays, which traditionally slow down car sales.
Read: EV and Phev sales increased by 26% worldwide in 2024, but the party is finished in Europe
Perhaps more important, it is comparing sales from last month to January 2024. In this case, ~ 700,000 electric vehicles and the PHEV sold in China marked an increase of 12% compared to the previous year. Similarly, sales increased by 21% to ~ 250,000 in the EU region & Efta and the United Kingdom, but fell 19% compared to December.
Things also seem positive in Germany. Sales of electrified vehicles were paralyzed in the largest market in Europe last year after several subsidies were removed. However, sales increased 40% in annual shift in January. The same cannot be said for France, where sales fell 52% compared to December after the government introduced a weight on the PHEV weight last month.
About 130,000 EV and Phev were sold in the United States and Canada. This is up 22% compared to January 2024, but down 28% compared to December 2024. RHO Motion estimates that the more strict eligibility conditions for the federal federal tax credit of $ 7,500 could ” Tighten the market ”until the rest of 2025. Above all, the arrival of Donald Trump in the oval office, does not seem to have attenuated demand for these vehicles.
