Global electric vehicle (EV) sales surged by 27% in the first seven months of 2025, totaling over 10.7 million units, with China leading at 6.5 million and Europe showing strong growth at 2.3 million. However, North America’s growth was limited to just 2%, attributed to policy challenges and a slowdown in Canada, despite an anticipated short-term boost before the IRA consumer tax credit deadline.
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