Global EV sales have recorded the best ever Q2, with sales up nearly a fifth (19 per cent) on the first quarter of 2024, according to data from New AutoMotive’s Global Electric Vehicle Tracker (GEVT).

Despite policy setbacks, both Germany and the UK reported their highest EV market share since December 2023, with total EV sales in June reaching 15 per cent and 19 per cent of the market respectively. The figure means the UK is already matching IEA forecasts for 2024, whilst the US and the EU lag behind (18 per cent and 9 per cent respectively).

In the Chinese market, petrol and diesel vehicle sales are down 20 per cent compared to the same month last year - putting ICE vehicles on track to be obsolete by 2028.

And despite the lag, the US still experienced strong growth in Q2, with sales up 12 per cent on Q1., and in the year to June, more than 1.15 million EVs were sold across the country, 200,000 more than the previous year.

In emerging markets, year on year growth remains strong, with EV sales in Thailand, India, Brazil, Chile and Mexico collectively more than doubling in the year to June compared to the previous 12 months. The sales in these countries combined are on course to overtake the UK’s by the end of the year.

According to the Global Electric Vehicle Tracker (GEVT), there has been close to 2.6 million EV sales globally since May 2024, with China’s domestic EV sales driving this growth.

Ben Nelmes, CEO of New AutoMotive, said: “Growth remains strong, particularly in emerging markets. Governments across the globe should remain steadfast in their commitment to electric vehicles. While the technology continues to develop, consumers need encouragement to make the switch through a mixture of incentives and manufacturer obligations.”

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