2025年Q2电动汽车销售回顾-Electric Vehicle Sales Review Q2 2025

ElectricVehicleSales

ReviewQ22025

ForesighttodrivetheindustryJuly2025

ThispublicationhasbeendevelopedincollaborationbetweenStrategy&,

PwC’sglobalstrategyconsultingbusiness,alongsidePwCAutofacts®’automotiveindustryandfunctionexperts.Together,wetransform

organizationsbydevelopingactionablestrategiesthatdeliverresults.

AtPwC,ourpurposeistobuildtrustinsocietyandsolveimportant

problems.We’reanetworkoffirmsin149countrieswithalmost370,000peoplewhoarecommittedtodeliveringqualityinassurance,advisory

andtaxservices.Findoutmoreandtelluswhatmatterstoyoubyvisitingusat.

PwCreferstothePwCnetworkand/oroneormoreofitsmemberfirms,eachofwhichisaseparatelegalentity.

Pleasesee

/structure

forfurtherdetails.

Executivesummary

GlobalBEVmarketgrowsbymorethanathirdinQ2

Afteradifficult2024,totalBEVsalesinthetopfive

Europeanmarketsgrewbyaquarterinthefirsthalf

of2025

GlobalBEVsalesenjoyedsubstantialgrowthyearonyearinthesecondquarterof2025,increasingby33%comparedtoQ22024.Almostoneinfivecars(19%)soldinallanalyzedmarketsinthesecondquarterwasaBEV.

MuchofthatgrowthwaspoweredbyChina,whichwasresponsibleforalmosttwothirdsofglobalBEVsales.Indeed,BEVsalesinChinainthefirstsixmonthsoftheyear(H1)increasedbyalmostonehalf(47%)inrelationtothesameperiodin2024.

EuropehasalsoplayedasignificantroleinthegrowthoftheglobalBEVmarketin2025,withH1salesinthetopfiveEuropeanmarketsupbyaquarter(25%)yearonyear.TheperformanceintheseEuropeanmarketshasbeenparticularlywelcome,giventhetemporarysalesdipin2024.

25%

BEVsalesgrowthinallthetopfive

EuropeanmarketsinH12025vs.H12024

Germany’sBEVmarkethasbouncedbackespeciallystrongly,growingbymorethanathird(35%)inH12025vs.H12024.GermanyandtheUKarecompetingforthetopspotinEuropeforBEVunitssold,withGermanytakingtheleadinthesecondquarteroftheyear.However,theUKhadthehighestBEVmarketshareamongthetopfiveEuropeanmarketsinthefirsthalfoftheyear,at22%.

TheUSBEVmarketdidnotfitwiththeglobaltrend,falling3%yearonyearinthesecondquarterof2025.However,asignificantupliftisexpectedinthethirdquarterasconsumersseektotakeadvantageoftheexisting$7,500taxcreditbeforeitsterminationattheendofSeptember.Asincentivesend,OEMsoperatingintheUSwillneedtopursuevariousstrategiestomaintainconsumerinterestinBEVs.

AmorefundamentalchallengeisfacingOEMsandgovernmentsworldwide–howtosecureasustainablesupplyoftherareearthelements(REEs)necessarytomanufactureelectricvehicles.ThereservesandproductionofREEsareheavilyconcentratedinveryfewcountries,makingthemapowerfulpotentialweaponingeopoliticalconflict.ThestrategiesthatOEMsandgovernmentscanadopttosafeguardtheirinterestsaresetoutinourAnalystInsightschapter.

ElectricVehicleSalesReview

Strategy&

3

Source:PwCAutofacts®analysis

1.Analystinsights

Theglobalbattleforrareearthelements

Rareearthelements(REEs)playacrucialroleinmoderntechnology,servingasessentialcomponentsinvehicles–particularlyelectricvehicles–andinavarietyofotherproducts,includingsmartphonesanddiversemilitarytechnologies.

REEscompriseagroupof17heavymetals.NeodymiumandsamariumareparticularlyrelevantforEVmanufacturersastheyfacilitatetheproductionofsignificantlystrongerpermanentmagnets,resultinginpowerfulandefficientelectricmotors.

AlthoughREEsarecalledrare,theyareinfactcomparativelyplentiful–threetimesmorecommonintheearth’scrustthancopper,and200timesmorethanplatinumorgold.

1

Despitethisabundance,however,REEsarefoundinrelativelylowconcentrationscomparedtoothermetals,makingthemmuchmoredifficulttoextractandrefine,andraisingconcernsaboutenvironmentaldamageandsustainability.

AnotherchallengeposedbyREEsisthatreservesarelimitedtofewcountries,whileproductionisevenmorelocalized.Countrieswithsparseornon-existentreservesandproductionarethereforelefthighlyvulnerable.

Almosthalf(48%)ofknownglobalREEreservesarelocatedinChina,morethandoubletheamountfoundinthesecondmostendowedcountryBrazilwith23%.Moreover,ChinadominatesREEminingtoanevengreaterextent,accountingformorethantwothirds(69%)ofglobalproduction.

2

Suchdominancepresentsaconcentrationriskfortherestoftheworld,withREE-richcountriesabletousetheirresourcesaspowerfulleverageintradenegotiations.Otherlocation-specificrisksarealsorelevant:naturaldisasters,wars,socialunrest,politicalorregulatorychanges,andinfrastructurefailurescouldallleadtosupplychaindisruption.

Usingcommoditiesasgeopoliticalcloutisnothingnew.In2010,forexample,ChinablockedtheexporttoJapanofcrucialmineralsusedinproductssuchasEVs,windturbinesandguidedmissilesduetoadiplomaticdispute.

3

InFebruary2025,theDemocraticRepublicofCongo,responsiblefor75%ofglobalcobaltproduction,putinplaceanexportbanforthevitalEVbatterymaterialinabidtocurb

Shareofglobalreserves

48%

23%

13%

6%

8%

0%

0%

0%

2%

China

Brazil

India

Australia

USA

Myanmar

Nigeria

Thailand

RoW

globaloversupply.Asaresult,thepriceofcobaltreachedanall-timehighof$33,600permetrictonascompaniesstockeduponthecommodity.

4

Withtradetensionsnowintensifyingonceagain,REEsandothercriticalrawmaterials(listedinpage6fortheEU,USAandChina)representapowerfultoolinpromotingtheinterestsofcertainstates.

Seethe

PwCMine2025study

foradeepdiveintorisksandpotentialsinsourcingcriticalelements.

Shareofglobalmineproduction

69%

8%

11%

3%

3%

3%

1%

0%

2%

China

Brazil

India

Australia

USA

Myanmar

Nigeria

Thailand

RoW

ElectricVehicleSalesReviewStrategy&

1234

4

BatteryPowerTips;USGeologicalSurvey;WEForum;ReutersSource:PwCAutofacts®analysis

ElectricVehicleSalesReviewStrategy&

5

1AmChamChina;2Reuters;3Reuters;4EuropeanCommission;5CLEPA;6EuropeanCommission;7DiscoveryAlert;8CBTNews;9Reuters;10EuropeanCommission;

11REE4EU;12EuropeanCommission;13DeutscheWelle;14BMW;15USInternationalTradeCommission;16CBC;17Reuters;18EuropeanCommissionSource:PwCAutofacts®analysis

1.Analystinsights

MinimizingREErisks:howcountriesandcompaniescanrespond

Currentglobaltradetensionsarehavingasignificantimpactontheautomotiveindustry.

InresponsetotheUSgovernment’simpositionofheftytariffsonChineseexports,ChinalimitedtheexportofsevenREEsandpermanentmagnetsandthuslaidbareUSvulnerabilities.AsurveybytheAmericanChamberofCommerceinChinarevealedthatwithoutasolution75%ofUSfirmsexpectedtheirREEstocktobeexhaustedwithinthreemonths.

1

FordwasbrieflyforcedtoscalebackitsSUVproductioninChicagoasaresult.

2

AlthoughbothsidesreachedatemporaryagreementinlateJune,aformaltradedealisyettobesigned.

3

TheEUhasalsobeenexposedtotheexportrestrictions,asitcurrentlyreliesonChinafor98%oftheREEsitrequiresforautocomponents,fighterjetsandmedicalimagingdevices.

4

InJune2025,theEuropeanAssociationofAutomotiveSuppliers(CLEPA)warnedthatthesectorwasalreadyexperiencingsignificantdisruption,reportingthatseveralproductionlinesandplantshadalreadyshutdowninEuropeasaresultoftherestrictions.

5

Itisclearthatcountriesandcompaniesneedtodevelopsomeofthebelowstrategiestominimizeconcentrationrisksandboostdiversification:

•Establishgovernmentalcontracts:Asabulwarkagainstprocurementstrategiesanddiversifiedsourcing,whichwill

moreaggressivelypricedAsiancountriesgovernmentscan

•Securesupply:Incentivesforexplorationactivities–suchas•Identifyalternativesourcing:TheEUfundedtheSecREEtstaxbreaks,accesstogovernmentfunding,andsimplifiedproject,whichseekstoensureasustainable,stableandsaferegimeshaveledtothediscoveryofvariouslargeREEextractionandprocessingofREEsinEurope.SecREEtsdepositsoutsideChina(suchasRamacoResources’depositresearchedmethodstoextractREEsfromphosphaterocksininWyomingandLKAB’sinSweden).TheEU’sCriticalRawfertilizerproduction.ItprovedtobeaviablewaytoenhanceMaterialsAct,whichaimstosecuresustainablesupply,hasself-sufficiency.Itleavesvirtuallynoadditionalenvironmentalfocusedminds.AlargeREEprocessingplantisduetoopeninfootprintandcatersfor10%ofEurope’sREErequirements.

12

Polandlaterthisyear,whileanothersubstantialfacilitywill•Pursuealternativematerials:BatterymanufacturershavecommenceoperationsinFranceby2026.

6

However,shownthewaywhenconfrontedwithsimilarchallenges.Theyincreasingself-relianceisalong-termproject–fromtheinitialdevelopedlithiumironphosphate(LFP)batterieswhichdonotplanningofaplanttofullproductiontakesatleastfiveyears.

7

requirethenickelandcobaltthathaveraisedhumanrightsandMoreover,itisalsodifficulttocompeteeconomicallyagainstenvironmentalpollutionconcerns.USautosuppliersAptivandmarketssuchasChina,whichenjoysignificantstatesubsidies.BorgWarnerhavestarteddevelopingelectricmotorswithMeanwhile,somecompaniesareseekingtotakemattersintominimalornoREEcontenttocountersupplyconstraints.

13

theirownhands.HyundaiMotorGrouprecentlyannouncedBMWalreadyboastsREE-freeelectricmotorsintheirEVs.

14

thatithassecuredasupplyofREEs,obtainedthroughearly

forgefriendshoringagreementswithalliesthatpossess

sustainEVproductionforaboutayear.8,

•Boostrecyclingandrepurposing:ThisstrategyissignificantREEreserves.

15

Theycanalsoaccelerate

particularlyrelevantincountriesthatarenotabletoengageinregulatoryapprovalfordomesticminingand/orprocessing

primaryproduction.Lessthan1%ofREEsarecurrentlyprojects,andprovidestrategicfinancingtoprivatecompanies

recycledduetotheimmenseenergyandchemicalresourcestocoverhighcosts(e.g.,Applesigneda$500milliondealwith

requiredtoseparateREEsinthematerials.

9

TheEUfundedPentagon-backedMPMaterialstobringREEmagnetsbackto

theprojectREE4EU,whichaimstorecover90%ofin-processtheUS).

16

,

17

Meanwhile,theEuropeanCommissionselected

wastesfrompermanentmagnet(PM)manufacturing,

10

and47strategicprojectsacrossEUmemberstates,withanoverall

hasdemonstratedthetechnicalandeconomicalviabilityofinvestmentof€22.5billion,toensurelocalextraction,

recoveringREEsfromin-processwasteandend-of-lifePMs.

11

processingandrecyclingofstrategicrawmaterials.

18

ElectricVehicleSalesReviewStrategy&

*Withproductionvolumes>100,000metrictonsin2024

Source:PwCAutofacts®analysis,EuropeanCommission,USDepartmentofEnergy,InternationalEnergyAgency,USGeologicalSurvey6

1.Analystinsights

Elementsdefinedascriticalbykeyregions

Claimedcriticalbyallthreeregions

Mo

Fe

Iron

Au

Gold

Molybdenum

ByChina

U

Uranium

(definedin2016)K

Potash

C

PCoal

REE

Rareearth

Phosphorus

Al

Aluminum/Bauxite

elements

Co

Copper

CaF2

Co

Cobalt

Fluorspar

P2O5

C

Phosphate

Graphite

Ni

rockGa

Nickel

BaSO4

Baryte

Gallium

Si3O8

Feldspar

B

Boron

Ge

In

Germanium

Sn

Cr

Chromium

Tin

Sb

Zr

Antimony

ZirconiumRh

Li

Rhodium

Lithium

W

Ru

Tungsten

Ti

Titanium

Zn

Zinc

Ruthenium

Te

Tellurium

Mg

Magnesium

Ta

Rb

Rubidium

Cs

Caesium

Tantalum

Ir

Iridium

V

Vanadium

Mn

Manganese

Nb

Niobium

IndiumPt

Si

Silicon

AsPlatinum

BO3

Borate

Arsenic

Bi

Sc

Bismuth

Hf

Pd

HeScandium

Be

Beryllium

Hafnium

Palladium

Helium

Y

Yttrium

Sr

ByEU

ByUSA

(definedin2020)

Strontium

(definedin2023)

Largestproducersofcriticalmineralsclaimedbyallthreeregions*

USA

China

Myanmar

Rareearthelements

12%

8%

69%

China

India

Russia

Aluminum

6%

5%

60%

Indonesia

Russia

DRCongo

Cobalt

10%

3%

76%

China

Madagascar

Mozambique

Graphite

6%

5%

79%

Chile

China

Australia

Lithium

20%

17%

37%

Indonesia

Russia

Philippines

Nickel

9%

6%

59%

ElectricVehicleSalesReviewStrategy&

*RankingchangeaffectedbymissingFranceQ12025data

7

Source:PwCAutofacts®analysis,KBA,AAA,UNRAE,DGT,CPCA,KBB

2.Electricvehiclemarketsoverview

Domesticbrandsareincreasinglydominating

Top-sellingBEVsinH12025(rankingchangevs.Q12025)

EuropeTop4*

ModelSalesH12025

RenaultR523,4049

4

5

6

7

8

9

10

TeslaModelY21,3023

VWID.3

19,811

1

VWID.4,ID.5

19,231

2

VWID.7

18,635

4

Citroene-C3

15,967

New

SkodaEnyaq

15,685

4

CupraBorn

13,401

1

BMWiX1

13,378

New

SkodaElroq

12,771

New

China

ModelSalesH12025

Geely(Geome)Xingyuan

204,940

0

BYDSeagull

174,912

2

TeslaModelY

171,491

0

WulingHongguangMiniEV

171,064

2

XiaomiSU7

155,692

0

TeslaModel3

91,919

0

GeelyPanda

91,249

1

XPengMonaM03

86,351

1

WulingBingo

78,262

1

BYDYuanPlus

77,548

1

USA

Model

SalesH12025

TeslaModelY

150,171

0

TeslaModel3

101,323

0

ChevroletEquinox

27,749

1

FordMustangMach-E

21,785

1

HyundaiIONIQ5

19,092

1

HondaPrologue

16,317

1

FordF-150Lightning

13,029

1

BMWi4

12,849

1

ChevroletBlazer

12,736

New

NissanAriya

11,619

New

ElectricVehicleSalesReview

Strategy&Source:S&PGlobalMobilityLightVehiclePowertrainProductionForecastJune2025release8

2.Electricvehiclemarketsoverview

UpcomingBEVstodrivemarketgrowth

Nissan

Micra

Kia

EV4

Q12025Q22025Q32025Q42025

Firefly

Firefly

Acura

RSX

Leapmotor

B01

BMW

iX3

Jeep

Recon

Chery

FulwinE3

Xiaomi

YU7

Mercedes-Benz

CLAEQ

Fangchengbao

Tai3

Cadillac

Vistiq

ElectricVehicleSalesReviewStrategy&

*EU27+UK+EFTA

Source:PwCAutofacts®analysis,localgovernmentalorcarassociationdata9

3.Electricvehiclemarketsanalysis

Electricvehiclesalesgrowthcontinues

2

3

4

H12024vs.H12025(inmillion)

BatteryEVs

Plug-in

FullandmildhybridEVs

hybridEVs

1TotalEVs

3.0

2.5

14

4.0

3.5

3.0

2.5

2.0

2.9

5%

3.8

26%

11%

6

5.5

12.2

+17%

+21%

12

10

8

6

4

2

0

2.5

7%

11%

3.2

23%

12%

14%

5

+27%

+36%

9.7

15%

4.1

2.0

4

14%

74%73%

52%

68%

1.5

1.0

3

49%

1.5

63%2

62%

1.065%

0.5

0.0

34%

1

36%

22%

H12025

21%

H12025

0.5

20%

H12024

0.0

24%0

H12024

H12025

H12024H12025

H12024

Europe*ChinaUSA

ElectricVehicleSalesReviewStrategy&

*EU27+UK+EFTA;**Numbersmaynotaddupduetorounding

Source:PwCAutofacts®analysis,localgovernmentalorcarassociationdata10

3.Electricvehiclemarketsanalysis

EuropeanUnion,UKandEFTA

EuropeTop5:France,Germany,Italy,SpainandUK

AfterasmalldeclineinBEVsalesinthetopfiveEuropeanmarketsoverthecourseof2024,performancehasbouncedbackinthefirsthalfofthisyear.BEVsaleshaveincreasedby25%inH12025incomparisonwiththecorrespondingperiodlastyear,withmarketsharenowatanall-timehighof15%.

Germany’sBEVmarket,whichsufferedlastyearduetothewithdrawalofincentives,hasrecoveredstrongly.Ithasgrownby35%inH12025vs.H12024,boastingthehighestnumberofunitsalesofanyEuropeanmarketduringthisperiod(249,000).ThatfigurepipstheUKBEVmarket,whichalsogrewby35%YoYinthefirsthalfof2025.Ontheotherhand,Francehasfallenbackthisyear,downby6%YoYinthefirstsixmonthsoftheyearwhichisnonethelessbetterthantheoverallmarketdeclineof8%.

ThestrongestgrowthintheEuropeantop5thisyearhasbeenseeninSpain,upby84%YoYinthefirstsixmonthsof2025.Thisgrowthcomesfromarelativelylowbase,butitsBEVmarketshareisstartingtopullawayfromItaly,wherethemarkettrendshavepreviouslytendedtobesimilar.Spain’sBEVmarketsharenowstandsat8%,incomparisonwithItaly’s5%.Inthefirsthalfoftheyear,theUKhadthehighestBEVshareamongthetopfivemarketsat22%,withGermanyandFranceat18%.

PHEVgrowthwasalsostronginthetopfivemarkets,upby30%inH12025vs.H12024.Hybridsaleswereupby18%.TotalEVmarketshare(BEV,PHEVandhybridcombined)forthefirsthalfoftheyearwas61%.

WhenwelookatfiguresforthetopfiveandalltheotheranalyzedEuropeanmarketscombined,wecanseethatmorethanonemillionBEVsweresoldintheregionforthefirsttimeinthefirsthalfoftheyear.

Europe*

Q22025

ComparisontoQ22024

617,000

BEV

+22%

PHEV325,000+38%

Hybrid

+12%

1,169,000

TotalEV2,111,000+18%

OtherEurope*:Austria,Belgium,Denmark,Finland,Netherlands,Norway,Portugal,Sweden,Switzerland

DenmarkboastedthestrongestBEVgrowthamongtheotherEuropeanmarketsinthefirsthalfoftheyear,upby47%inH12025vs.H12024.Norway’sBEVmarketalsogrewstronglyinthisperiod,upby36%toreachanalmosttotalmarketshareof94%.ICEsalesinalltheseotherEuropeanmarketscombinedweredownby21%YoYinH12025,showingtheincreasingdominanceofelectricvehicles.

ElectricVehicleSalesReviewStrategy&

*NewEnergyVehicle(incl.BEVandPHEV)

Source:PwCAutofacts®analysis,localgovernmentalorcarassociationdata11

3.Electricvehiclemarketsanalysis

ChinaandotherAsiancountries

China

BEVsalesstormedpastthetwomillionmarkinthesecondquarterof2025,increasingby42%incomparisontothesameperiodlastyear.ThesubstantialgrowthcanbeattributedinlargeparttothelaunchofpopularBEVmodels,suchastheGeelyXingyuan.TheconsumerappetiteforBEVsundoubtedlytooksalesawayfromthePHEVandhybridmarkets,whichbothgrewbyamoremodest6%YoYinQ2.

Asaresultofthissurgeinsales,BEVmarketshareinChinareachedalmostathird(32%)inthesecondquarter.TotalEVmarketshare(BEV,PHEVandhybridcombined)was53%.EVmarketsharealsoreachedmorethan50%forthefirsthalfofacalendaryearforthefirsttime.

TheEVmarketisexpectedtocontinuetoflourishoverthecourseoftherestoftheyear,asconsumersactbeforetheanticipatedcurtailmentoftwogovernmentincentivesattheendof2025-areductionintheNEV*purchasetaxexemptionandthescalingbackofthetrade-inschemewhichoffersfinancialinducementsthatencourageconsumerstoupgradetonewervehicles.

Japan

TheJapaneseEVmarketcontinuestobedominatedbythesaleofhybrids,withamarketshareof59%duringQ22025.However,boththeBEVandPHEVmarketsareshowingsignsoflife,upby27%and29%respectivelyYoY,albeitfromaverylowbase.

China

Q22025

ComparisontoQ22024

BEV

2,107,000

+42%

PHEV

1,137,000

+6%

Hybrid

227,000

+6%

TotalEV

3,471,000

+25%

SouthKorea

BEVsalesgrewby41%inthesecondquartercomparedtothesameperiodlastyear,bringingBEVmarketshareto13%.Withthecontinuingdominanceofhybrids,combinedEVmarketsharehasalmostreached50%forthefirsttime.

ElectricVehicleSalesReview

Strategy&Source:PwCAutofacts®analysis,localgovernmentalorcarassociationdata12

3.Electricvehiclemarketsanalysis

UnitedStates

BEVsalesfellby3%inthesecondquarterof2025whencomparedwiththeequivalentquarterlastyear,thefirstquarterlyfallyear-on-yearsinceCOVID-affected2020.However,itiswidelyanticipatedthatthethirdquarterwillseesignificantgrowth,asconsumerslooktotakeadvantageoftheexistingtaxcreditofupto$7,500beforeitsterminationattheendofSeptember.BEVmarketsharestandsat7%.

PHEVsalesdeclinedby4%,thefourthsuccessivequarterlyyear-on-yearfall.ThisperformancecanpartlybeexplainedbythefactthatsomepopularPHEVmodelshaverecentlybecomeineligiblefortaxcreditsduetobatterysourcingrequirements.PHEVmarketshareforthesecondquarterwasjust2%.

Hybridsalesincreasedby36%,continuingtheimpressivegrowthofrecentyears,andreachingamarketshareof13%.Theexpansionisfueledbyincreasedproductavailabilityandrisingconsumerinterestinelectrifiedpowertrains.Despitethistrend,ICEvehiclesremainmuchmoredominantthaninEuropeorChina,withamarketshareof78%.

Asincentivesdisappear,OEMsarelikelytoadoptvariousstrategiestomaintainEVs’attractivenesstotheconsumer,suchasintroducinginnovativenewmodelsandoptimizingbatterytechnologytokeeppricesdown.

USAQ22025ComparisontoQ22024

-3%

BEV

292,000

PHEV76,000-4%

Hybrid

+36%

535,000

TotalEV903,000+17%

ElectricVehicleSalesReviewStrategy&

*EU27+UK+EFTA;**Numbersmaynotaddupduetorounding

Source:PwCAutofacts®analysis,localgovernmentalorcarassociationdata13

3.Electricvehiclemarketsanalysis

Sharesofelectricvehicleregistrations

ElectricvehiclesalesinH12025

2

Totalsales:12,569,000

EVsales:6,318,000

30%

17%

4%

ofwhichBEVs:3,747,000

PHEVs:2,131,000

Hybrids:440,000

50%50%

China

3USA

Totalsales:

EVsales:

12%

2%

7%

ofwhichBEVs:592,000

PHEVs:156,000

Hybrids:1,008,000

8,090,000

1,756,000

78%22%

1Europe*

Totalsales:6,816,000

EVsales:4,167,000

9%

39%61%17%35%

ofwhichBEVs:1,191,000

PHEVs:592,000

Hybrids:2,384,000

ICEEVBEVPHEVHybrid

ElectricVehicleSalesReviewStrategy&

*Electricvehicles=BEV,PHEV(incl.REEV)andhybrid(incl.FHEV,MHEVandSeries-Hybrid);**Incl.passengercarsandlightcommercialvehicles

Source:S&PGlobalMobilityLightVehiclePowertrainProductionForecastJune2025release14

4.Electricvehicleproductionforecast

Regionalelectricvehicle*assemblyforecast

2025Fvs.2030F(inmillion,lightvehicles**)

2

4

1

70

60

BatteryEVs

HybridEVs

TotalEVs

3

Plug-inhybridEVs

28.8

3%

13%

12%

30

25

20

15

25

23.9

66.8

5%

22%

14%

16

14.1

7%8%

9%

14

12

10

8

6

4

2

0

5%

20

+51%

+76%

+97%

50

41%

+86%

15.8

15

38.0

4%

40

14.6

8%

7.6

5%

2%

1%

8%

18%

10%

2%2%

33%

48%

10

30

74%

40%

19%

10

16%

20

48%

78%

11%

21%

67%

16%

5

5

0

23%

10

19%

31%

22%

2025F

16%

2025F

7%

2030F

13%

2025F

0

0

2030F

2030F

2030F

2025F

Western+CentralEuropeChinaNAFTAAsia-Pacific(excl.China)RoW

ElectricVehicleSalesReviewStrategy&

*Electricvehicles=BEV,PHEV(incl.REEV)andhybrid(incl.FHEV,MHEVandSeries-Hybrid);**Incl.passengercarsandlightcommercialvehicles

Source:S&PGlobalMobilityLightVehiclePowertrainProductionForecastJune2025release