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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

Green Car Congress

million electric vehicles to be sold globally in 2019. BNEF said that it expects China will continue to lead, with some 1.5 million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019.

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Global EV sales to hit 20 million in 2025, as prices hit parity in key markets

The Driven EV News

EV sales expected to jump in 2025 to more than 20 million, with price parity reached in key markets, particularly in China and south-east Asia. The post Global EV sales to hit 20 million in 2025, as prices hit parity in key markets appeared first on The Driven.

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Volvo Cars all-electric sales climb to 19% of all sales in February

Green Car Congress

Volvo Cars reported global sales of 51,286 cars in February, up 22% compared to the same month last year and a record for the month of February. The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. China sales reached 13,066 cars, up 50% compared with February last year.

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BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

Green Car Congress

BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. —Colin McKerracher, head of advanced transport for BNEF.

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Volvo Cars global sales up by 43% in May; plug-ins accounted for 23.7% globally

Green Car Congress

Volvo Cars achieved its eleventh consecutive month of sales growth as the company’s global sales increased by 43% in May, compared with the same month last year. The growth was mainly driven by a strong demand in the US and, in Europe, a recovery from a sales drop in May last year related to the Covid-19 pandemic.

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April’s global EV sales were up 29% compared to a year ago, once again led by China

Electrek

Global research firm Rho Motion has shared its monthly global EV sales report for April, which details continued long-term growth. While global EV sales are down compared to March 2025, the year-over-year tally remains strong, despite uncertainty amid the threat of tariffs and trade wars.

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Volvo Cars global sales up 31% in May; fully electric cars up 196%

Green Car Congress

Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. For the first five months of the year, Volvo Cars sales reached 275,312 cars, up 14% compared to the same period during 2022. Sales in Europe for May reached 26,272 cars, an increase of 40% compared to last year.