by US Electric Vehicle Sales in April 2025
Despite the steady growth in the popularity of electric vehicles in previous years, April 2025 became the first month with a sales decline after 14 months of growth. The total volume of registrations decreased by 4.4%, with leading manufacturers such as Tesla, Ford, and Hyundai showing the largest losses.
Experts cite several reasons for this phenomenon. One factor is political uncertainty: statements by former President Trump about canceling incentives for electric car buyers could have influenced consumer decisions. Issues with charging and limited range also remain relevant, leading many to choose hybrids instead of fully electric models.
“We are observing a weakening of the electric vehicle market, and there are now many factors working against them,” noted S&P Global Mobility analyst Tom Libby.
Who Won and Who Lost
Tesla remains the market leader, despite a 16% sales drop compared to April 2024. Chevrolet took second place with 215% growth, primarily due to the success of the new Bolt model. BMW, Hyundai, and other brands also recorded changes, but mostly negative. Among the unexpected winners were Cadillac (+104%), Honda (+2359%), and Volvo (+263%).
Certain manufacturers, such as Kia (-68%) and Toyota (-77%), suffered significant losses, while smaller brands like Porsche and Fiat showed rapid growth, albeit with minimal sales volumes.
Overall, the situation in the electric vehicle market remains unstable. Political factors, technological limitations, and changing consumer preferences are shaping new trends that could affect the further development of the industry. The ratio between electric and hybrid models in the coming months will be particularly interesting.
