Global Electric Vehicle Sales Reach 20 Million in 2025
Beijing, Monday, 17 November 2025.
Electric vehicle sales have surged to over 20 million units in 2025, driven by China’s demand and Tesla’s success, defying earlier predictions of a downturn.
Driving Factors Behind the Surge
The remarkable growth in global electric vehicle (EV) sales, reaching over 20 million units in 2025, is primarily attributed to burgeoning demand in China and the continued success of Tesla [1]. China’s EV market expansion is significant, with projections indicating that electric cars will represent around 60% of the country’s total car sales by 2025 [2]. Tesla maintains a commanding presence, holding a 45.2% market share of U.S. EV sales as of February 2025 [1].
Projections and Market Evolution
According to forecasts by the International Energy Agency (IEA) and BloombergNEF, the robust growth in the EV sector is expected to persist. BloombergNEF’s outlook suggests that EVs will comprise one in four vehicles sold globally in 2025, underscoring the industry’s adaptability amidst shifting policies and consumer preferences [1][3]. The IEA further anticipates that emission standards in Europe and the UK will necessitate higher shares of zero-emission car sales, fostering an environment conducive to EV proliferation [2].
Challenges and Opportunities
Despite the positive trajectory, the EV market faces challenges, including supply chain disruptions and battery costs [1]. However, these obstacles have not significantly hindered sales momentum. For instance, the U.S. market experienced a 30% increase in EV sales during Q3 2025, driven by consumer interest in federal tax credits prior to their potential phase-out [1]. Meanwhile, innovation in battery technology and supportive policy frameworks continue to drive advancements in EV capabilities and market penetration [4].
Global Market Dynamics
Globally, the EV market is undergoing transformative changes. As of 2025, China is responsible for over 70% of global EV production, with a substantial portion of these vehicles being sold domestically [2]. This production power underscores China’s pivotal role in shaping the EV landscape. Additionally, emerging markets in Asia and Latin America have seen significant jumps in EV sales, with countries like Brazil more than doubling their sales figures in 2024 [3]. These trends highlight the global shift towards electrification and the increasing accessibility of EVs across diverse regions.