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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

  • Global electric car sales are expected to exceed 20 million in 2025, with more than one in four new cars sold being electric worldwide.
  • This surge follows over 17 million EV sales in 2024, driven largely by China's massive market where nearly half of all cars sold were electric.
  • Electric vehicle sales surged by more than 60 percent in developing regions throughout Asia and Latin America, while European markets experienced little growth due to the reduction of subsidies and rising prices.
  • IEA executive director Fatih Birol highlighted the continued rapid expansion of electric vehicle sales worldwide, noting that China produces over 70 percent of the global EV supply and exported nearly 1.25 million units in 2024.
  • This growth implies a transformational shift as China leads manufacturing and legacy automakers must adjust to new supply chains amid ongoing economic and political challenges.
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trend.sk broke the news in on Wednesday, May 14, 2025.
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