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New York
Thursday, April 17, 2025

EV Gross sales Jumped 10% within the First Quarter



People purchased 10.6% extra electrical automobiles (EVs) within the first quarter of 2025 than throughout the identical interval in 2024, in keeping with Kelley Blue Ebook information.

Roughly 7.5% of all automobiles bought from January to March had been electrical, up half a p.c from final 12 months’s complete.

The rise got here regardless of resistance to EVs from a brand new White Home. The brand new Trump administration has paused federal funding for EV chargers (a transfer now below evaluation from a number of lawsuits) and stated it desires to finish a $7,500 tax credit score program meant to advertise gross sales of American-made EVs.

Solely Congress might finish this system.

Associated: How Do EV Tax Credit Work?

New EVs Decide Up Gross sales Tempo

The gross sales tempo is enhancing as extra electrical automobiles attain the market. Within the first quarter of 2024, Common Motors had a small number of EVs on the market, led by the since-canceled Chevy Bolt. In 2025’s first three months, GM had a fleet of EVs on supply, together with the cheap Chevy Equinox EV, the midsize Chevy Blazer EV, the Silverado EV pickup, the luxurious Cadillac Lyriq, and even the off-road-oriented GMC Hummer EV.

Stellantis launched the primary EVs below the Jeep and Dodge manufacturers. Honda’s Prologue appeared, promoting sufficient to interrupt into the highest 5 best-selling EVs within the first quarter.

Tesla Gross sales Take a Hit

The market chief, nonetheless, had a tough quarter. Tesla nonetheless bought the best-selling EV, its Mannequin Y. However gross sales of the mannequin fell 34% year-over-year amid controversy over CEO Elon Musk’s political actions that has led to protests at dealerships and factories.

Tesla gross sales peaked in February of 2023, and are in steep decline at present. Gross sales within the first quarter had been down 26% from that peak.

The ten Greatest-Promoting EVs in Q1 2025

Rank Mannequin Gross sales
1 Tesla Mannequin Y 64,051
2 Tesla Mannequin 3 52,520
3 Ford Mustang Mach-E 11,607
4 Chevrolet Equinox EV 10,329
5 Honda Prologue 9,561
6 Hyundai Ioniq 5 8,611
7 Volkswagen ID.4 7,663
8 BMW i4 7,125
9 Tesla Cybertruck 6,406
10 Chevrolet Blazer EV 6,187

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