These electric vehicle market statistics show how quickly the sector has moved into the mainstream. Global EV sales passed 17 million in 2024, EVs took more than one-fifth of the global car market, and 2025 is on track to set another record as battery costs fall and charging networks keep expanding.
Electric vehicle market statistics (Top Highlights)
- Global electric car sales exceeded 17 million in 2024, up more than 25% year over year.
- EVs accounted for more than 20% of all cars sold worldwide in 2024.
- The IEA expects electric car sales to surpass 20 million in 2025, or more than one-quarter of all cars sold globally.
- More than 4 million electric cars were sold in the first quarter of 2025 alone, up 35% from the same period a year earlier.
- China sold more than 11 million electric cars in 2024 and EVs made up almost half of all car sales in the country.
- Europe’s EV sales share remained around 20% in 2024, while EVs in the United States reached more than one in 10 cars sold.
- Rho Motion estimated 17.1 million EVs sold globally in 2024, including 11.0 million in China, 3.0 million in Europe, 1.8 million in the U.S. and Canada, and 1.3 million in the rest of the world.
- Global electric car production reached 17.3 million in 2024, with China producing 12.4 million and accounting for more than 70% of global output.
- Global electric car exports reached about 3.2 million in 2024, or nearly 20% of global EV sales.
- More than 1.3 million public charging points were added worldwide in 2024, up more than 30% from the previous year.
- EV battery demand grew to more than 950 GWh in 2024, while total battery demand across the energy sector reached 1 TWh for the first time.
- The average battery pack price for a battery electric car dropped below $100 per kWh in 2024.
- Grand View Research estimated the global EV market at $1,328.08 billion in 2024 and projected it could reach $6,523.97 billion by 2030.
Global EV sales benchmark
Annual EV sales have risen sharply since 2021, and 2025 is expected to bring another step up in total volume.
| Label | Bar | Value | ||
|---|---|---|---|---|
| 2021 | 6.6M | |||
| 2022 | 10.0M | |||
| 2023 | 14.0M | |||
| 2024 | 17.1M | |||
| 2025 forecast | 20.0M+ |
Max = 20.0M. Widths: 2021 33.00%, 2022 50.00%, 2023 70.00%, 2024 85.50%, 2025 forecast 100.00%
Regional EV sales in 2024
China remained the clear leader in volume, while Europe, North America, and the rest of the world together still represented a meaningful share of global demand.
| Label | Bar | Value | ||
|---|---|---|---|---|
| China | 11.0M | |||
| Europe | 3.0M | |||
| U.S. & Canada | 1.8M | |||
| Rest of world | 1.3M |
Max = 11.0M. Widths: China 100.00%, Europe 27.27%, U.S. & Canada 16.36%, Rest of world 11.82%
Public charging infrastructure outlook
Global public charging stock reached 3.9 million points by the end of 2023, more than 1.3 million points were added in 2024, and the IEA sees public chargers exceeding 15 million by 2030 under stated policies.
| Label | Bar | Value | ||
|---|---|---|---|---|
| 2023 stock | 3.9M | |||
| 2030 projection | 15.0M |
Max = 15.0M. Widths: 2023 stock 26.00%, 2030 projection 100.00%
EV market size estimate and forecast
Revenue estimates vary by methodology, but large market researchers still point to a multi-trillion-dollar opportunity over the rest of the decade.
| Label | Bar | Value | ||
|---|---|---|---|---|
| 2024 estimate | $1,328.08B | |||
| 2030 forecast | $6,523.97B |
Max = $6,523.97B. Widths: 2024 estimate 20.36%, 2030 forecast 100.00%
What these electric vehicle market statistics show
The EV market is no longer growing from a small base. With more than 17 million sales in 2024 and more than 20% global car share, electric vehicles have reached a scale where pricing, charging convenience, battery supply, and model availability matter more than simple awareness.
China remains the central force in the market, but the global picture is broader than it was a few years ago. Europe still has a high sales share, North America continues to grow, and emerging markets are starting to contribute more meaningful volumes. The next phase of growth looks likely to depend on cheaper vehicles, faster charging buildout, and policy stability across major regions.
Sources
- International Energy Agency, Global EV Outlook 2025, May 2025
- International Energy Agency, Global EV Outlook 2024, April 2024
- International Energy Agency, Electric Vehicle Charging, Battery, and Market Analyses, 2024 to 2025
- Reuters, Rho Motion global EV sales coverage, January 2025
- Grand View Research, Electric Vehicle Market Size & Share Industry Report