MenuMENU
SearchSEARCH

EV Sales Strong as Year Wanes

Global deliveries surge as U.S. and Canada post robust growth.

December 16, 2024
EV Sales Strong as Year Wanes

Forecast shows a strong U.S.-Canada EV sales finish to the year as U.S. consumers tap federal EV tax credits that the incoming Trump administration has said it wants to eliminate.

Credit:

Pexels/Kindel Media

1 min to read


Global electric-vehicle sales ticked up to a new record in November, and combined U.S.-Canada sales saw a healthy bump.

Worldwide EV sales rose 100,000 units to 1.8 million units, according to London-based EV sector researcher Rho Motion. 

Year-to-date global EV deliveries are up sharply year-over-year – 25% to 15.2 million, Rho Motion data show, while U.S. and Canada sales alone have grown by 10% to 1.6 million.

Rho Motion forecasts a strong U.S.-Canada sales finish to the year as U.S. consumers tap federal EV tax credits that the incoming Trump administration has said it wants to eliminate.

China, an EV sales juggernaut, sold nearly 1.3 million units in November, surpassing its previous record set in October by 50,000, and is up 40% year-to-date to 9.7 million, Rho Motion said.

Meanwhile, sales in Europe are down 3% year-to-date, the only region seeing a decline.

DIG DEEPER: Auto Dealers Bullish On Market

 

More Industry

Vintage convertible driving along a desert highway, capturing the freedom and cultural impact of early American car travel.
IndustryJanuary 1, 2026

Driving America Forward

As America turns 250, explore how the automotive industry shaped jobs, culture, innovation, and mobility from Detroit assembly lines to today’s EV era.

Read More →
Industryby Hannah MitchellDecember 26, 2025

2025 Sales Expected Up

The series of sales spikes this year that were inspired by shifting U.S. policies defied the drag of those same changes, according to one early forecast.

Read More →
Industryby Hannah MitchellDecember 24, 2025

Tundras in Tokyo

Toyota said it plans to sell some U.S. made models to its home-country consumers starting next year, despite the vehicles’ large size for a small-car culture.

Read More →
Ad Loading...
Industryby StaffDecember 23, 2025

Black Book: Weekly Market Update

Despite the week's softening conditions, the market analyst said demand for used vehicles showed in competitive bidding for newer units in better condition.

Read More →
Product & Technologyby Lauren LawrenceDecember 23, 2025

In-Vehicle AI Predicted to Spike

Frost & Sullivan expects a $238 billion market opportunity for the technology in automobiles by 2030 as AI applications shift to more mass-market applications.

Read More →
Industryby Hannah MitchellDecember 23, 2025

December Doldrums

A consumer index finds continued declines in both outlook and current conditions sentiment across nearly all demographics as big-ticket spending plans fall.

Read More →
Ad Loading...
two men shaking hands in front of cars
Industryby Lauren LawrenceDecember 18, 2025

Sales Forecast Predicts Best Year Since 2019

New-vehicle sales are up from last year but show a slow fourth quarter.

Read More →
Industryby Hannah MitchellDecember 18, 2025

Mileage Manipulation Up

A new study finds more tampered odometers than usual in inflated market.

Read More →
IndustryDecember 17, 2025

Beginning the Year Right

Help your dealer clients apply these 2026 tax strategies for their business wealth.

Read More →
Ad Loading...
Industryby Hannah MitchellDecember 17, 2025

Autos Take Flying Safety Colors

Twelve brands are awarded for protective features while others fail to place.

Read More →