Popular non-Tesla models such as the Ford Mustang Mach-E crossover had 7,363 registrations in December 2024 EV Registrations Are Rising—But What’s Really Behind the Growth? Electric vehicle (EV) registrations have increased significantly over the past few years, signaling a major shift in the automotive industry. Globally, EVs now account for a growing share of new vehicle sales, with millions of units sold annually and market penetration steadily increasing. But this surge