auto dealer in black and red logo
MenuMENU
SearchSEARCH

EV Sales Strong as Year Wanes

Global deliveries surge as U.S. and Canada post robust growth.

December 16, 2024
EV Sales Strong as Year Wanes

Forecast shows a strong U.S.-Canada EV sales finish to the year as U.S. consumers tap federal EV tax credits that the incoming Trump administration has said it wants to eliminate.

Credit:

Pexels/Kindel Media

1 min to read


Global electric-vehicle sales ticked up to a new record in November, and combined U.S.-Canada sales saw a healthy bump.

Worldwide EV sales rose 100,000 units to 1.8 million units, according to London-based EV sector researcher Rho Motion. 

Year-to-date global EV deliveries are up sharply year-over-year – 25% to 15.2 million, Rho Motion data show, while U.S. and Canada sales alone have grown by 10% to 1.6 million.

Rho Motion forecasts a strong U.S.-Canada sales finish to the year as U.S. consumers tap federal EV tax credits that the incoming Trump administration has said it wants to eliminate.

China, an EV sales juggernaut, sold nearly 1.3 million units in November, surpassing its previous record set in October by 50,000, and is up 40% year-to-date to 9.7 million, Rho Motion said.

Meanwhile, sales in Europe are down 3% year-to-date, the only region seeing a decline.

DIG DEEPER: Auto Dealers Bullish On Market

 

More Industry

Auto Dealer today, Dealer Debrief, 05/01/2026 with Lauren Lawrence
Industryby Lauren LawrenceMay 1, 2026

Dealer Debrief: New & Used Sales Trends

In this week's debrief, host Lauren Lawrence covers new and used vehicle sales trends from March.

Read More →
white Chevrolet Equinox being temperature tested
Fixed Opsby Lauren LawrenceMay 1, 2026

Extreme Temps Hinder EV Efficiency

American consumers might be happy to know that their preferred hybrids are slightly less impacted by extreme temperatures than fully electric vehicles, according to a new study.

Read More →
Photo of woman at desk using a calculator
Industryby Hannah MitchellMay 1, 2026

A Tale of Haves and Have-Nots

A growing number of consumers are stretching the bounds of auto finance to afford today’s expensive vehicles, ultimately paying a higher price for the now-common scenarios.

Read More →
Ad Loading...
Headshot of Michael Orange
Industryby Hannah MitchellApril 24, 2026

Stellantis Names U.S. Sales Head

The former Hyundai and Nissan executive is tasked with increased momentum in the important market as the automaker shifts its strategy amid a turnaround.

Read More →
family in a car, Affordability Out the Window, Auto Dealer Today
Industryby Lauren LawrenceApril 24, 2026

Bad Credit Tanks Attainability

A recent study suggests expectant parents are feeling the burden of bad credit more than other demographics when it comes to buying a new car.

Read More →
Dealer Debrief, 04/23/2026, with Lauren Lawrence, Auto Dealer Today
Industryby Lauren LawrenceApril 23, 2026

Dealer Debrief: Ford HQ and Mercedes Studios

In this week's debrief, host Lauren Lawrence covers Ford HQ renovations, new Mercedes studios, and the state of auto loans in March.

Read More →
Ad Loading...
Dealer Debrief 04/15/2026 with Lauren Lawrence
Industryby Lauren LawrenceApril 17, 2026

Dealer Debrief: Exploding Airbags & Risk Management

In this week's Dealer Debrief, host Lauren Lawrence covers a potential air bag ban and reinsurance and risk management.

Read More →
Sue Bai and Brian Bautsch standing on a road
Industryby Lauren LawrenceApril 17, 2026

Pilot Program Meant to Improve Roadway Safety

Honda and the Ohio Department of Transportation achieved highly accurate results with their pilot project the Honda Proactive Roadway Maintenance System that concluded this year.

Read More →
Line graphic showing Cox Automotive's March Credit Availability Index status
Industryby Hannah MitchellApril 13, 2026

Auto Lending Opens Up in March

Lenders loosened access for subprime borrowers, and consumers with negative equity reached a record high, Cox Automotive reported.

Read More →
Ad Loading...
Photo of the facade of one of Mercedes' new city studios, with a vehicle displayed in the window
Industryby Hannah MitchellApril 13, 2026

Mercedes Opens ‘Studios’ in Select Cities

The shops help mark the automaker’s beginnings 140 years ago and are to designed to offer major urban center consumers ‘exclusive’ experiences.

Read More →