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Title: US EV Sales Smash Records In August

Link: https://tech.slashdot.org/story/25/09/12/2318...

US EV sales hit a record 146,332 in August, grabbing nearly 10% of all new
car sales, according to Kelley Blue Book. That's the highest yet and up from
9.1% in July. Electrek reports: With the federal EV tax credit set to expire
on September 30, analysts say Q3 2025 is shaping up to be the strongest
quarter for EV sales in US history. The current record holder is Q4 2024,
when 365,824 EVs were sold. Prices ticked higher, too. The average
transaction price (ATP) for an EV in August was $57,245, 3.1% more than
July's revised lower ATP of $55,562. Year-over-year, though, EV prices were
basically flat, down just 0.1%. The wave of EV sales also helped push up the
overall market's ATP. Incentives, while not as high as July's record,
remained hefty. EV buyers received discounts averaging over $9,000 in August,
equal to 16% of ATP. That's more than double the incentive rate in the
overall auto market and up from 13.6% a year ago. A separate report from Rho
Motion found that global EV sales surged 25% in 2025, led by strong growth in
Europe and China. "That amounts to 12.5 million EVs, although the data
combines both battery EVs and plug-in hybrid EVs for the total," reports Ars
Technica. As for North America? "EV sales are still growing but barely -- up
just 6 percent between January and August 2025 compared to the same time
period in 2024."

Read more of this story at Slashdot.

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