Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Hyundai launches All-new TUCSON Hybrid, deliveries commence nationwide – Business & Finance

May 10, 2025

India-Pakistan ceasefire likely to hold, but fears abound over militant strikes

May 10, 2025

China hosts delegation of 100 African military officers to strengthen defence ties

May 10, 2025
Facebook X (Twitter) Instagram
Saturday, May 10
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Global EV sales soared in February, as China’s market kept its growth pace with 76% surge
China

Global EV sales soared in February, as China’s market kept its growth pace with 76% surge

adminBy adminMarch 12, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 33


Worldwide sales of electric vehicles (EVs) surged in February, driven mostly by a 76 per cent growth in China even as Europe and the United States erected import barriers to stem the domination of made-in-China marques.

Global sales of battery-powered EVs and hybrids jumped to 1.2 million units in February, 50 per cent more than last year, according to data compiled by Rho Motion. About three-quarters of those took place in China, where purchases soared 87 per cent from last year, according to data released separately by the China Association of Automobile Manufacturers.

“Much of the growth continues to come from China, which is seeing a sales renaissance of pure electric [vehicles] this year compared to the hybrid love affair of 2024,” Rho’s data manager Charles Lester said.

China continued its outsize domination of the world’s market for EVs and oil-guzzling vehicles. Sales in the first two months of 2025 – which coincided with the Lunar New Year, a seasonal peak for splashing out – rose 35 per cent to 1.4 million units, about 60 per cent of what was sold worldwide during the same period.

Xiaomi's SU7 Ultra electric car at the 2025 Mobile World Congress in Barcelona on March 3, 2025. Photo: Xinhua
Xiaomi’s SU7 Ultra electric car at the 2025 Mobile World Congress in Barcelona on March 3, 2025. Photo: Xinhua
Battery-driven EV sales grew 46 per cent in China, as a plethora of new models by BYD, Xiaomi, Xpeng and Zeekr drove consumers to eschew petrol-electric hybrids and go all-in to embrace the electric revolution. Sales of plug-in hybrids grew 22 per cent, slower than the same period last year, Rho said.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

China

China hosts delegation of 100 African military officers to strengthen defence ties

May 10, 2025
China

China calls for restraint as India, Pakistan military conflict escalates

May 10, 2025
China

As EU scrutinises US trade deal with Britain, China is the ‘elephant in the room’

May 10, 2025
China

Xiaomi founder has ‘the hardest time’ since fatal crash involving one of its cars

May 10, 2025
China

From handshake to walkout, anything can happen at US-China trade talks

May 10, 2025
China

China’s security system urged to handle duties with ‘passion’ as pressures mount

May 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Hyundai launches All-new TUCSON Hybrid, deliveries commence nationwide – Business & Finance

May 10, 2025

US, Chinese officials start Geneva talks on easing trade war, sources say – World

May 10, 2025

Weekly SPI inflation up 0.24pc – Business & Finance

May 10, 2025

India faces embarrassment as IMF approves $1bn tranche – Business & Finance

May 10, 2025
Latest Posts

US, Chinese officials start Geneva talks on easing trade war – Business

May 10, 2025

Govt censured for bypassing oversight on tax ordinance – Pakistan

May 10, 2025

Development spending flat despite high revenues – Business

May 10, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Hyundai launches All-new TUCSON Hybrid, deliveries commence nationwide – Business & Finance
  • India-Pakistan ceasefire likely to hold, but fears abound over militant strikes
  • China hosts delegation of 100 African military officers to strengthen defence ties
  • Koyo Kouoh, 2026 Venice Art Biennale curator, dies suddenly at age 58
  • India and Pakistan agree to immediate ceasefire

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Hyundai launches All-new TUCSON Hybrid, deliveries commence nationwide – Business & Finance

May 10, 2025

India-Pakistan ceasefire likely to hold, but fears abound over militant strikes

May 10, 2025

China hosts delegation of 100 African military officers to strengthen defence ties

May 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.