If you’ve been seeing more and more EVs on the road, that’s because sales are on the rise—not just in the Philippines, but in the rest of the world as well.

According to Rho Motion, an EV market research firm, global sales for EVs from January to November of this year are up 25% compared to the previous year for a total of 15.2 million. Of this number, China accounts for 9.7 million; the USA and Canada at 1.6 million; the EU, the European Free Trade Association, and the UK at 2.7 million; and the rest of the world at 1.1 million.

While sales in Europe are actually down by 3%, sales have been robust everywhere else. China alone accounted for 1.3 million units in November with record sales of battery electric vehicles (BEVs), while sales of plug-in hybrid electric vehicles were flat. Strong sales were recorded by Geely, Tesla, and Changan.

However, BYD is still China’s top EV maker as it is on track to exceed 4,000,000 vehicle sales before the year ends. According to a report by Reuters, the EV giant sold 3.76 million cars from January to November—506,804 of those in November alone. The impressive performance is largely credited to the brand’s latest plug-in hybrid technology as well as government-subsidized auto trade-ins of up to $1,800. Most of the EVs in China were purchased through trade-ins, according to the China Passenger Car Association.

If BYD hits its sales target for the year, it would now be ahead of Honda and Ford in global automobile sales. More important, the continued momentum means that BYD could sell more than six million units in 2025, putting it abreast—if not ahead—of General Motors and Stellantis.

In the US and Canada, growth is consistent at 10%. Particularly in the US, where president-elect Donald Trump has declared his intention to repeal incumbent president Joe Biden’s $7,500 EV tax credit, EV sales have picked up in anticipation of such a policy. Continued growth may not be possible should these credits be repealed. Trump has also threatened to impose 100% tariffs on any Chinese-branded vehicle once he assumes office.