One in four cars sold in 2025 will be EVs
- One in four cars sold in 2025 will be EVs, a new report claims
- China is leading the way when it comes to switching to EVs
- The study suggests EVs will make up 40 percent of cars sold by 2030
Published on May 25, 2025 at 12:38 PM (UTC+4)
by Claire Reid
Last updated on May 22, 2025 at 11:40 AM (UTC+4)
Edited by
Tom Wood
One in four cars sold around the world in 2025 will be EVs, according to a new study from the International Energy Agency (IEA) – and that’s just for starters.
The annual Global EV Outlook report looks at recent developments in electric mobility and assesses trends in areas such as EV deployment and charging infrastructure.
Its latest report, covering the current year, suggests that EVs will take around 20 percent of all car sales in 2025.
The report also noted that electric car sales ‘continue to break records globally’, particularly in China.
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The automotive industry has made some big changes in recent years, with more carmakers boosting their EV and hybrid offerings, including the introduction of an EV muscle car, something most folks thought they’d never see.
Naturally, with more all-electrics available than ever before, sales have enjoyed a boost, so much so that the Tesla Model Y was the best-selling car in the world in 2023, with more than 1.15 million sales.
It seems that trend isn’t going away anytime soon; at least according to an IEA report which suggests one in four cars sold globally this year will be EVs.
The report revealed that electric car sales exceeded 17 million units, accounting for approximately 20 percent of all cars sold worldwide in 2024.
It went on to say that for this year, sales of EVs are expected to top 20 million worldwide, equating to more than one-quarter of all cars sold.
China is at the forefront of EV buying, with just shy of half of all cars sold there in 2024 being electric.
That’s set to climb even further this year, with 60 percent of new cars sold in China being EVs.
But it isn’t just China that is seeing a rise in popularity.
European countries, including the United Kingdom, are projected to see electric cars account for a 25 percent share of sales.
Looking further into the future and despite ‘uncertainties in the outlook’, IEA’s report says that by 2030 the share of electric cars in overall car sales is set to top 40 percent.
Again, China will be leading the way, with an estimated 80 percent of its car sales being all-electric cars.
Whatever happens, it looks like it could be shaping to be a few very interesting years for the industry.
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Claire Reid is a journalist who hails from the UK but is now living in New Zealand. She began her career after graduating with a degree in Journalism from Liverpool John Moore’s University and has more than a decade of experience, writing for both local newspapers and national news sites. Claire covers a wide variety of topics, with a special focus on cars, technology, planes, cryptocurrency, and luxury.
