Volkswagen Beats Tesla To Top..Global EV Sales in January and February 2025
Apr 14, 2025
|
According to market research firm SNE Research, Volkswagen Group ranked first with 158,000 electric vehicle (PHEV) sales worldwide excluding China between January and February this year. The figures are up 65.7% year-on-year, with growth of 65% and 72% in Europe and North America, respectively.
Tesla fell to second place with 129,000 units due to the aftermath of the production gap caused by the release of a partial change in Model Y. The figure is down 14.3% year-on-year from a slump. In particular, it was down 38% in Europe from the same period last year.
Hyundai Motor Group ranked third with 79,000 units of its flagship Hyundai Ioniq 5 and Kia EV6. The figure is up 16.5% year-on-year, ahead of major rivals such as Stellantis, Ford and GM in the North American market.
BMW Group (70,000 units) and Stellantis Group (67,000 units) ranked fourth and fifth. Chinese brands are also attracting attention. BYD ranked sixth with 58,000 units, up 61.6 percent, and Geographic difference ranked eighth with a 7.7 percent increase to 55,000 units.
The overall electric vehicle market was 955,000 units, up 18.3% from the same period last year. By region, Europe increased by 20.5% to 507,000. Then, the North American market rose 6.3 percent to 265,000 units, while the Asian market excluding China jumped 34.2 percent to 137,000.
"Strong environmental regulations and roadmaps for electrification in each country have led to the expansion of demand in Europe," SNE Research said. "In the U.S. market, the Trump administration's tariff policy is increasing uncertainty, and the Asian market, excluding China, varies from country to country."
Editor Kim Tae-jin, tj.kim@carguy.kr
This article was translated by Naver AI translator.
