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1 in 4 New Cars Sold in 2025 Will Be Electric, New Report Says, and China Is the Undisputed EV Leader

  • According to the International Energy Agency, more than 17 million electric vehicles were sold worldwide in 2024, and sales are expected to rise beyond 20 million in 2025, with electric models making up over 25% of new car purchases globally.
  • This growth follows decades of Chinese government investment and subsidies, making China the clear leader by accounting for more than 11 million EV sales and over 70 percent of global EV production in 2024.
  • Emerging markets in Asia, Latin America, and Africa saw sales increase by more than 60 percent, while Europe experienced stagnation due to declining subsidies and stable EV market share around 20 percent.
  • IEA executive director Fatih Birol noted that despite economic challenges and political opposition in major regions such as the United States and Europe, the global market for electric vehicles continues to expand steadily.
  • The rapid growth of the global EV market is reshaping the worldwide automotive sector, with China poised to dominate manufacturing, while traditional carmakers must adapt to evolving competitive challenges.
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The share of electric cars in new registrations is growing steadily, not only in China. The International Energy Agency assumes that this trend cannot be stopped despite economic and political uncertainties. The advantages of the e-car outweigh. The contribution 40 percent to 2030? E-cars worldwide on the rise first appeared on inside digital.

According to the chairman of CATL, by 2028, half of China's heavy-duty truck sales could be electric vehicles, a significant increase from 10% in 2024 and also pointing to drastic changes in demand for fossil fuels.

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trend.sk broke the news in on Wednesday, May 14, 2025.
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