Electric Vehicle Sales Surge by 273%! The new energy vehicle market is witnessing an impressive growth trajectory, as indicated by the latest data.
On May 6, 2025, new energy vehicle sales reached a remarkable 273% increase compared to the previous year. This growth reflects a significant shift in consumer preferences toward electric vehicles.
As of April 5, 2025, several major manufacturers, including Longan Motors, BYD, and South Motor Group, have reported substantial sales figures, totaling approximately 38,000 units for the month alone. Year-to-date, the total sales have already reached 138,000 units, marking a substantial increase of nearly 47% compared to the same period last year.
In the category of electric vehicles, there were approximately 136,000 units sold, indicating a robust demand. Specifically, sales in April 2025 showed that Longan Motors had a market share of about 16.4 million units, including around 2.11 million units for the “Smart Family” model, which has gained significant traction.
The overall electric vehicle market for April 2025 saw a total of 7.9 million units sold, a staggering increase of over 90% compared to 4.1 million units in April 2024. The total battery capacity for electric vehicles delivered in April reached 26.478 GWh, with an estimated cumulative capacity of 79.031 GWh by the end of 2025.
This trend of increasing sales in new energy vehicles is expected to continue, as manufacturers ramp up their production capabilities. For example, in April 2025, the total new energy vehicle sales were approximately 37.65 million units, a 4.59% increase from the previous month.
From January to April 2025, a total of 132,000 units were sold, showing a year-on-year growth of 10.7%. Within this figure, new energy vehicles accounted for more than 40,000 units, which is an increase of around 41% compared to last year.
As of May 5, 2025, the data indicates that 19.1 million units of new energy vehicles were sold, marking a decline of 9.27% from the previous month. However, cumulative sales from January to April reached nearly 90,000 units, sustaining a steady growth rate.
New energy vehicle sales projections for Longan Motors by May indicate a total of 25.6 million units sold this year, with autonomous models contributing 77,000 units to this total.
In the first four months of the year, Southeast Motors showed strong performance with total sales reaching 10 million units, reflecting a 5.55% increase. This year’s cumulative sales reached 35.7 million units, a slight decrease of 3.58% compared to the previous year.
Overall, the new energy vehicle market continues to expand rapidly, driven by strong consumer demand and advancements in technology. The data indicates that manufacturers are well-positioned to meet this growing demand and innovate further in the electric vehicle sector.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/electric-vehicle-sales-surge-by-273-latest-data-highlights-new-energy-vehicle-market-growth/
