Electric vehicle sales are increasing both nationally and globally.
A J.D. Power report has disclosed that the total electric vehicle (EV) The market share percentage increased to 9.3% in March 2025 from 8.4% in March 2024. As consumers encounter challenges with both new and used cars, cost hikes resulting from President Trump’s tariffs On car imports, 23% of buyers seeking a new vehicle are "highly likely" to think about buying or renting an electric vehicle within the coming year, which is consistent with February’s figure and an increase from 22.5% in March 2024. Despite this, Tesla’s Recently, the brand's popularity has declined; however, it remained the top considered electric vehicle brand for potential buyers according to the study. Chevrolet , Ford, and Toyota The largest group of drivers considering buying an electric vehicle earns over $100,000 per year and resides in western and northeastern states.
States such as Illinois have experienced a notably substantial increase in electric vehicle (EV) sales, driven largely by incentive programs. In the first three months of this year, Illinois saw 9,821 EV registrations, up from 6,535 during the equivalent period the previous year. Electrek Reports indicate that ComEd, which is the biggest utility company in Illinois, has contributed significantly to the rise in registrations through its new $90 million electric vehicle (EV) incentive initiative. This program offers discounted rates to eligible commercial and public-sector clients, including utility rebates ranging from $20,000 to $30,000. Despite experiencing an 18% drop in quarterly figures for Q4 of 2024, new EV sales reportedly saw a 12% boost on a yearly basis during Q1 of 2025, as per estimates. Cox Automotive Most car manufacturers, with the exception of Tesla, saw impressive electric vehicle sales figures in the first quarter. General Motors (GM) saw a 94% rise in electric vehicle (EV) sales, significantly surpassing the automaker’s 17% overall U.S. sales growth across all segments, as reported CleanTechnica .
SUVs lead the charge
The Chevrolet Equinox EV and Blazer EV significantly contributed to General Motors' 94% growth. Ford's electric Mustang Mach-E also saw impressive sales with a record-breaking total of 11,607 units in the first quarter. Stellantis is trying to catch up after recently releasing their Jeep Wagoneer S and Dodge Charge Daytona EVs this season. Porsche achieved a U.S. Q1 sales milestone by delivering 18,884 vehicles, with the third most popular model being Porsche's fully electric Taycan. The second highest selling Porsche in the American market for this quarter was the 718 series, set to be replaced by an electric variant slated for launch in 2027.
Experian Automotive In 2024, there were approximately 292.3 million passenger vehicles and light-duty trucks operating in the U.S., including around 4,092,200—or 1.4%—that were electric. Despite this seemingly small percentage, this marks a significant rise of about 2 million more electric vehicles than in 2022. Similarly, Germany has seen substantial growth in electric vehicles; during one month, electric cars accounted for 27.1% of new car sales—a 18% jump compared to the previous year. The top-selling electric model in Germany for that period was the Volkswagen ID.7. Additionally, globally, all-electric vehicle registrations surpassed those of plug-in hybrid electric vehicles (PHEVs) by over 58%, totaling roughly 814,000 units—an uptick of nearly two million since last year. Electric vehicles made up 19% of total automobile purchases worldwide as of February, with pure battery-powered electrics capturing 13%.
Final thoughts
Since Tesla saw its most significant sales drop ever during the first quarter. Legacy automakers such as Chevrolet are fueling nationwide electric vehicle (EV) expansion through the introduction of new models like the Equinox EV and Blazer EV. Although this increase in sales is gradual rather than rapid, recent statistics ought to persuade companies similar to Chevrolet and Ford to persist along their current electrification routes and encourage brands like Dodge and Jeep to accelerate their efforts. The availability and conditions of incentives—which can be altered or terminated—will significantly impact future growth in EV uptake. Nonetheless, ComEd’s choice to offer rebates to eligible businesses and governmental clients indicates that private initiatives also contribute substantially to promoting these vehicles.