News

Hyundai and Kia reported record U.S. sales in August, fueled by strong EV and hybrid demand. Models like the Ioniq 5 and EV9 led growth as the federal tax credit nears its end.

Ford sold 10,671 EVs in August 2025, led by a record 7,226 Mustang Mach-Es. The F-150 Lightning also grew, while E-Transit lagged. Analysts expect strong Q3 sales before tax credits end, but Ford is preparing a $30,000 EV truck in 2027 to stay competitive.

General Motors broke EV sales records in summer 2025, fueled by new models and tax credit FOMO. But with incentives ending, GM warns demand will cool.

Tesla’s grip on Europe is slipping fast. From January to July 2025, its sales plunged 43.5%, while BYD soared 251% to over 58,000 units. EV adoption in the EU hit 15.6% of the market, but Tesla struggles with an aging lineup, rising rivals, and political backlash.

Hyundai and Kia have sold over 1.5M eco-friendly cars in the US, with EVs and hybrids driving record growth. Strong sales of the Tucson Hybrid, IONIQ 5, and Niro Hybrid, plus new Georgia-made models, are set to fuel even faster expansion.

Tesla’s Cybertruck has seen a dramatic 50.8% decline in Q2 2025 sales, raising questions about its market fit and long-term viability. Once heralded as the future of EV trucks, it now faces quality complaints, high pricing, and diminishing consumer interest. As competitors like Chevrolet gain momentum with more practical EV offerings, Tesla’s revolutionary truck may go down as a costly experiment rather than a breakthrough.

Volkswagen has surged to a dominant 46% share of Germany’s EV market in H1 2025, far outpacing rivals like BMW (11%) and Tesla (3.6%). Strong domestic production, a broad electric lineup, and consumer trust have fueled this rapid growth. Meanwhile, Tesla’s fall from second to eighth reflects increased competition and local brand preference. VW’s modular EV platforms, such as MEB, continue to lead the shift as Germany intensifies its zero-emission goals.

Tesla's EV sales in Germany fell over 33% year-over-year in May 2025—despite a booming European EV market. While competitors like BYD and Volkswagen gain ground, Tesla’s declining momentum reflects not only intensified competition but also growing consumer backlash tied to Elon Musk’s political actions. The trend signals a critical shift in European EV buyer sentiment.