Global electric-vehicle deliveries excluding China rose in January despite weakness in North America, according to SNE Research. The firm attributed the increase to stronger demand in Europe and other Asian markets as electrification gains momentum.
SNE Research said Tuesday that 572,000 EVs were newly delivered worldwide outside China in January, up 21.2% from a year earlier. The tally includes plug-in hybrid electric vehicles as well as battery-electric models.
Europe posted 19.5% growth, maintaining a steady trend. SNE Research cited the broader rollout of new EV models and continued carbon-emissions regulations, even as some governments discuss scaling back subsidies or adjusting policies. Asia outside China roughly doubled from the same month last year.
North America, however, fell 30.2%. SNE Research said consumer preferences have shifted toward internal-combustion and hybrid vehicles, while demand has cooled quickly after EV tax credits ended.
By group, Volkswagen remained No. 1, delivering 88,000 vehicles, up 8.1%. China’s BYD ranked second after deliveries surged 118.6% to 67,000. Tesla was third, up 8.4% to 53,000.
Hyundai Motor Group delivered 38,000 vehicles, up 4.9%, but slipped to fourth from third a year earlier as BYD climbed the rankings.
* This article has been translated by AI.
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