BR100 Decreased By (-0%)
BR30 Decreased By (-0%)
KSE100 Increased By (0.02%)
KSE30 Decreased By (-0.09%)
AGHA 6.15 Increased By ▲ 0.05 (0.82%)
BECO 3.91 Increased By ▲ 0.03 (0.77%)
BML 59.85 Decreased By ▼ -0.14 (-0.23%)
BOP 28.62 Decreased By ▼ -0.04 (-0.14%)
CNERGY 13.96 Decreased By ▼ -0.12 (-0.85%)
CSIL 5.43 Increased By ▲ 0.24 (4.62%)
FCCL 52.22 Decreased By ▼ -0.39 (-0.74%)
FFL 12.97 Decreased By ▼ -0.02 (-0.15%)
FNEL 1.16 Increased By ▲ 0.04 (3.57%)
KEL 5.98 Increased By ▲ 0.02 (0.34%)
KOSM 5.61 Increased By ▲ 0.32 (6.05%)
LOTCHEM 24.20 Decreased By ▼ -0.27 (-1.1%)
MLCF 90.38 Decreased By ▼ -0.65 (-0.71%)
NBP 161.00 Decreased By ▼ -1.10 (-0.68%)
NCPL 49.86 Increased By ▲ 0.85 (1.73%)
NPL 52.80 Increased By ▲ 0.39 (0.74%)
OGDC 308.99 Increased By ▲ 2.78 (0.91%)
PACE 9.27 Increased By ▲ 0.02 (0.22%)
PAEL 32.80 Increased By ▲ 0.08 (0.24%)
PIBTL 13.19 Increased By ▲ 0.11 (0.84%)
PPL 214.50 Decreased By ▼ -1.02 (-0.47%)
PRL 99.85 Decreased By ▼ -0.96 (-0.95%)
PTC 46.00 Decreased By ▼ -0.02 (-0.04%)
SSGC 22.95 Decreased By ▼ -0.19 (-0.82%)
TBL 9.10 Decreased By ▼ -0.04 (-0.44%)
TELE 6.90 Increased By ▲ 0.09 (1.32%)
TPL 25.25 Increased By ▲ 0.49 (1.98%)
TPLP 12.40 Increased By ▲ 0.11 (0.9%)
TREET 23.80 Decreased By ▼ -0.18 (-0.75%)
TRG 52.76 Decreased By ▼ -0.32 (-0.6%)
By

Global sales of electric and plug-in hybrid vehicles rose 29% year-on-year in April, with stable growth in China and Europe despite trade tensions, while North America recorded the first fall since last September, data showed on Wednesday.

European EV sales of legacy auto groups that are seeking to sell less polluting models to meet EU CO2 emission targets, outperformed those of Tesla.

Tesla continued to lose market share ahead of a revamp of its popular Model Y, Rho Motion data manager Charles Lester said.

China-based EV makers continued to increase domestic sales of battery-electric vehicles while responding to growing demand for plug-in hybrids offshore, he added.

Why it’s important

Global automakers face a 25% import tariff in the United States, the world’s second-largest car market, causing many of them to withdraw their outlooks for 2025.

President Donald Trump’s stance towards emissions standards and uncertainties around tariffs also hampered EV growth in North America.

Chawla Group officially brings Dongfeng EVs to Pakistan

His deals this month with Britain and China only affect EV sales marginally, but are positive signs for the industry ahead of his potential talks with Korea, Japan and the EU, Lester said.

By the numbers

Global sales of battery-electric vehicles and plug-in hybrids rose to 1.5 million in April, the Rho Motion data showed.

Sales in China were up 32% from the same month of 2024 to 0.9 million vehicles.

Europe reported a 35% year-on-year increase in registrations to 0.3 million cars sold, while in North America they fell 5.6% to 0.1 million.

In the rest of the world, April sales rose by 50%.

Comments

Comments are closed for this article.