institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

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.
Insights by Ground AI
Does this summary seem wrong?

21 Articles

All
Left
1
Center
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources lean Right
50% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

trend.sk broke the news in on Wednesday, May 14, 2025.
Sources are mostly out of (0)