Electric Vehicles Accelerate Worldwide

The global electric vehicle market is accelerating rapidly, with sales multiplying tenfold over six years. It is expected to reach around 21 million cars by 2025, with the market share continuing to grow—reaching 25% in 2025 and 63% in China by May 2026. China is leading this field, thanks to investments in technology, declining battery prices, and expanding charging infrastructure, which has made electric cars cheaper than diesel and gasoline vehicles since 2024. Meanwhile, Europe is experiencing significant progress, whereas the American market faces stagnation due to the expiration of tax incentives. Nonetheless, the overall global trend indicates a gradual and substantial increase in the adoption of electric vehicles.

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