Global EV Sales Surge 27%, Legacy Automakers Race to Electrify

Global electric vehicle (EV) sales surged 27% year-over-year in the first seven months of 2025, reaching over 10.7 million units. China led the charge, while Europe also saw robust 30% growth. North America lagged, with the US facing policy headwinds. Data from the UK reveals a dramatic shift, with legacy automakers like Ford significantly boosting EV sales – a 324% increase for Ford in the first half of 2025. Ford's ambitious $5 billion plan to produce affordable EVs in the US, targeting a $30,000 price point, signals a major push towards electric mobility. However, not all legacy automakers are experiencing similar success, highlighting the challenges of this transition.
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