The bigger shift is not only the number of EVs being sold, but where the momentum is coming from. Chinese-built vehicles, including models from Chinese brands and some vehicles produced in China for global manufacturers, made up a substantial share of June deliveries. BYD continued to narrow the gap to Toyota, while the Tesla Model Y again showed how quickly an electric SUV can compete with traditional favourites.

For EV finance shoppers, this is good news and a warning at the same time. More competition can mean sharper driveaway pricing, better equipment levels and more lender appetite for eligible low-emission vehicles. It may also improve access to green car loan discounts for borrowers who meet the lender’s criteria. But a rapidly changing market can make resale values harder to predict, especially when newer models arrive with lower prices, longer range or faster charging.

That matters because an ev loan is not just about the monthly repayment. Buyers should look closely at the comparison rate, establishment fees, balloon payments, early payout rules and whether the vehicle qualifies for any green finance product. A cheaper sticker price can still become expensive if the loan structure is poorly matched to the borrower’s budget or ownership plans.

The June result also strengthens the case for planning before visiting a dealership. Buyers comparing a Tesla, BYD, Geely, MG or other fast-growing EV brand should model repayments across several terms and deposit amounts. This can help show whether a lower-rate green loan genuinely saves money, or whether a shorter term with a higher repayment is more suitable.

For used EV buyers, the surge in new deliveries may create more choice later, but vehicle history, battery warranty and remaining manufacturer support will become increasingly important. In a market moving this quickly, the smartest buyer is not necessarily the fastest buyer. It is the one who checks eligibility early, compares finance carefully and treats the car, the loan and the resale outlook as one connected decision.