Electric cars in the fast lane: 20 million sales in 2025 expected!

Electric cars in the fast lane: 20 million sales in 2025 expected!

China, Land - The electric car market shows a remarkable upswing, especially in China, where the sales figures rise rapidly. According to the International Energy Agency (IEA), a global sale of 20 million electric vehicles will be forecast for 2025, which would correspond to over 25% of all new cars. In the first quarter of 2025, 35% more electric cars were already sold than in the same period of the previous year. This dynamic development creates a new reality for the automotive industry, with China being at the top.

The IEA predicts for 2025 that 70% of the electric cars are sold in China and 60% of all new registrations will be electrical there. Europe is expected to achieve a market share of 25% for electrical drives, while in the United States a 11% share of new registrations is expected. By 2030, this share in China is expected to increase to 80% in Europe and to 20% in the United States. Such figures illustrate the rapid change towards electrical drive systems, despite possible challenges such as higher tariffs and a weak economy.

global trends in the electric car market

In addition to China, other markets also show growth, even if the sales figures in Europe stagnate. In Germany in particular, the market share remained around 20%. At the same time, the IEA has an increase in sales of electric vehicles (electric vehicles) to over 17 million units in 2024, which increases the market share to over 20 percent. In the United States, sales of electric vehicles rose by about 10 percent.

The general price situation of the electric vehicles shows a mixed picture. While in China two thirds of the electric cars sold are cheaper than conventional models, the average price for battery -operated cars in Germany is 20 percent above the conventional counterpart. In the United States, battery -operated cars are over 30 percent more expensive than combustion engines. In addition, sales of 714.5 billion euros are expected to be forecast in the electric vehicle segment by 2025.

growth in electric trucks

The market for electric trucks also developed positively and grew by around 80 percent worldwide in 2024, which corresponds to almost 2 percent of all truck sales. In China, scrappage premiums for conventional trucks have contributed to the fact that the sales of e-trucks doubled to 75,000 pieces. This means that the total cost of using an e-truck in China is already lower than for fossil vehicles, and this could also be the case in Europe.

Electromobility is not only promoted by increasing sales figures, but also by growing awareness of environmental issues and increasing availability of charging stations. The traffic sector contributes almost a quarter of global CO2 emissions, which positions electric vehicles as carbon-neutral alternative when operating with renewable energy sources.