Back
SB NewsSB News

Advertisement

Business

Electric Vehicle Sales Hit Record as Prices Drop Below Gas Cars

EV sales surged to a global record in Q2 2025, driven by price cuts that make some electric models cheaper than comparable gas vehicles for the first time.

SB
SB News Editorial
6 min read
Share:
Electric vehicle charging station
Electric vehicle charging station

Advertisement

The electric vehicle price parity moment has arrived. After years of premiums that kept EVs out of mainstream budgets, multiple models now cost less than their gasoline equivalents — before accounting for fuel savings. The result: global EV sales hit 4.2 million units in Q2 2025, a 28% increase year-over-year.

The Price Revolution

China's BYD led the charge with its Seagull model starting under $10,000. In Europe, the Dacia Spring and Citroën e-C3 are breaking the €20,000 barrier. Even in t...

Tags:Electric VehiclesBusiness

Advertisement

Related in Business

Advertisement

    Cookie Preferences

    We use cookies to enhance your browsing experience, serve personalised ads, and analyse our traffic. By clicking “Accept All Cookies”, you consent to our use of cookies. Learn more