Electric Vehicles Surge in Different Markets Fueled by Record High Global Sales

In the month of September 2025, the United States experienced a significant milestone in the automotive industry with New light-vehicle sales reaching a seasonally adjusted annual rate of 16.4 million units, marking a substantial 3.5% year-over-year growth. This surge coincided with the expiration of EV tax credits at the end of September, prompting a notable shift towards the adoption of electric vehicles. Battery-electric vehicles (BEVs) made a remarkable impact by accounting for 11.8% of all new vehicles sold, a historic high in the market share. In the US alone, approximately 1.25 million light vehicles were sold in September 2025, of…