EV Sales Sluggish in June
Despite decline, they gain in market share. Global sales, meanwhile, rocket.
Despite June's new-EV sales decline, volume represents a 1% market share increase to 8%.
Pexels/Kindel Media
U.S. electric-vehicle sales fell in June, though they declined less than overall autos and gained in market share.
The sales contraction comes as EVs zoom forward globally, with U.S. consumer demand lagging earlier expectations and federal policy discouraging adoption.
June EV deliveries fell 1% month-over-month and about 4% year-over-year to just under 104,000 units, according to Cox Automotive, which said the decline from a year earlier lags overall auto sales’ fall and is an indicator of “the general market slowing.”
The June volume nevertheless represents a 1% market share increase to 8%.
Used EV sales fell about 8% from May to 32,000 units and a flat 2% market share, though that made for a 51% year-over-year sales spike, “signaling strong long-term momentum,” Cox said.
Worldwide EV sales, meanwhile, are gunning, surging 28% year-over-year in the first six months of 2025 to nine million units, according to London-based EV research provider Rho Motion.
China and Europe are leading the way on EV adoption, over half of new-vehicle sales in China now being electric, according to Rho Motion, which said the United Kingdom and Germany lead EV adoption in Europe.
It observed that with U.S. tax breaks ending in October, “the USA could struggle to see any growth in the EV market overall in 2025.”
Automotive research provide iSeeCars.com said this week that it believes U.S. EV demand has peaked and will likely fall from here.
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