Global EV Demand Rises for Fourth Straight Month in June, Led by Europe as North America Slumps

Global electric vehicle (EV) demand rose for the fourth consecutive month in June, with combined registrations of battery-electric and plug-in hybrid vehicles increasing by 7% year-over-year to reach 2 million units. Cumulative registrations for the first half of the year were up 2% compared to the same period last year. Europe emerged as the primary driver of global EV growth, with registrations surging 31% year-over-year to approximately 530,000 units—the highest ever recorded for the month of June. In contrast, the North American market saw registrations decline by 13% year-over-year, largely due to the expiration of U.S. EV tax incentives.