World electric car market increases by 24%, breaking historical record

Xuyên Đông |

September 2025 marks a new milestone for the global automobile industry when electric vehicle sales reached a record level, clearly reflecting the trend of electrification becoming the mainstream.

Global electric vehicle sales set a new record of 2.1 million vehicles/month

According to consulting firm Rho Motion (UK), the total number of electric and plug-in hybrid cars sold worldwide in September 2025 reached 2.1 million units, an increase of 24% over the same period last year. This is the first time global sales have exceeded the 2 million VND mark in a month, breaking the record of 1.9 million VND set in December 2024. Compared to August, the number of electric vehicles sold also increased by 20%, showing that consumption demand is accelerating.

In China - the world's largest electric vehicle market - the China Automobile Travel Association (CPCA) recorded 826,000 pure electric vehicles sold in September, up 28.5% over the same period

On the other hand, foreign automakers in China are also stepping up competition. Tesla has begun delivers of the 6-seat model Y L with a longer range, helping the Shanghai plant reach a record deliveries. This version costs 339,000 yuan (about $47,486), 30% higher than the standard version.

Europe also recorded a leap when electric vehicle sales reached 427,000 units in September, up 36% over the same period. This is the highest level ever in this area.

Rho Motion forecasts that global electric vehicle sales in 2025 could exceed 18 million units, marking a historic turning point in the world's automobile electrification process.

The attraction of electric cars in Vietnam

Joining the global trend, the Vietnamese electric vehicle market is growing rapidly, becoming a bright spot in the region. As of the end of August 2025, VinFast electric vehicle sales in Vietnam have exceeded 87,000 units, higher than in 2024. By the end of the third quarter, this figure had officially surpassed the historical mark of 100,000 vehicles. With strong purchasing power in the fourth quarter, the possibility of Vietnam surpassing Thailand to become the largest electric vehicle market in Southeast Asia is completely feasible.

Purely electric vehicles currently account for 26% of total new car sales in Vietnam, higher than 23% in Thailand.

The three best-selling models today are all VinFast VF 3, VF 5 and VF 6 electric vehicles, showing a clear shift of consumers to green vehicles. Growth momentum comes from a range of products and services that are popular with users and practical support policies of VinFast such as price incentives, flexible installment policies, free charging, fuel collection programs, electricity exchange, etc.

The State's support policies such as exempting registration fees have also created a good effect in the context of a rapid increase in demand for electric vehicles in urban transportation and logistics services.

Deputy Minister of Construction Nguyen Van Sinh commented that green transportation (including electric vehicles) is the pillar of the green economy in three areas of infrastructure - energy - transportation. Mr. Sinh said that green transport contributes to the shift in energy and emissions structure, while directly contributing to the goal of carbon neutrality.

According to the Ministry of Construction, by the end of the third quarter of 2025, the country will have 183,240 electric cars and 974 electric buses in circulation. Of which, Hanoi leads with 38,445 electric cars and 317 electric buses, Ho Chi Minh City has 38,444 electric cars and 507 electric buses.

Deputy Minister Nguyen Van Sinh emphasized that green transformation is no longer an option but an inevitable requirement of the times. Despite many achievements, the path to developing green projects and green transportation is still challenging. He proposed that in the coming period, projects using public investment capital should apply green construction standards to lead the market to more sustainable development. Thereby opening green transportation routes, developing electric vehicles.

Global and domestic electric vehicle sales both hit a peak, not only reflecting changes in consumer habits, but also showing the strategic progress of countries in the green race. From production, export to charging infrastructure and support policies, electric vehicles are becoming a symbol of a green, sustainable and pioneering economy in the modern world.

Xuyên Đông
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