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US EV sales strong on front end loading?

Posted on - 09 May 2025

Category - Data update

A bounce in US EV sales as consumers seemed to stockpile ahead of tariffs, coupled with robust Chinese and ROW sales, contributed to another strong month for global EV sales in March, when they were up 25% y/y. The strong contribution from the US helped to keep the BEV share elevated for the second consecutive month. US EV sales were just shy of their December all-time record, with the Tesla Model Y and Model 3 again dominating. But interestingly their market share was down again, with some of the chasing pack seeming to catch up slightly. The Ford Mustang Mach-E...

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BYD China Europe EV sales Ford ROW Tesla US