Global electric vehicle (EV) sales continued to grow robustly in the first half of 2025, reaching 9.1 million units, a 28% increase year-on-year. China and Europe were the primary drivers of this growth, with China’s EV sales rising by 32% to 5.5 million units and Europe’s sales increasing by 26% to 2 million units. In contrast, the North American market showed weaker performance, with the United States experiencing only a 6% increase and Canada seeing a 23% decline in EV sales. Volkswagen Group reported a 37.6% increase in battery electric vehicle (BEV) sales in the second quarter, reaching 248,700 units, setting a new quarterly record and positioning the company as the fourth-largest BEV seller globally by volume, just behind Geely. However, Volkswagen’s overall global vehicle sales remained flat year-on-year in Q2. Meanwhile, Tesla faced a downturn in its key market, with new vehicle registrations in California falling by 21.1% in Q2 and down 18.3% year-to-date in 2025. The broader U.S. EV market also saw a sales dip of 21,000 vehicles in Q2, nearly matching Tesla’s decline. Chinese automakers have expanded their influence in the global EV market, now accounting for 70% of global EV production, with six of the top ten EV brands being Chinese. This shift highlights intensifying competition in the EV sector, with smaller Chinese brands gaining ground alongside established players like BYD and Tesla.