EV sales in North America grew 20% year-to-date, thanks to an influx of Chinese EVs in Mexico and Tesla's rivals stepping up in the U.S.
China accounted for 1.4 million of the 2.4 million EVs and PHEVs sold globally in the first two months of 2025.
Despite uncertainties around tariffs and the potential end to federal clean vehicle credits, EV sales in the U.S. have continued to grow, with a 28% increase in the first two months of this year.
Tesla's rivals such as Ford, Hyundai, Kia, and Honda have reported growth in EV sales, targeting Tesla's market share.