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ACEA – The Automobile Industry: Pocket Guide 2024-2025

Summary
The ACEA Pocket Guide is an essential resource for information on the automotive industry and market, updated yearly to provide the most relevant data. This edition includes new chapters on electric vehicles (EVs) in response to the industry's rapid transformation. Despite challenges, the automotive industry continues to lead in R&D investment, with €73 billion spent in 2023. EU car production and commercial vehicle production both saw significant growth, with global car sales increasing by 10%. Electric vehicle sales are on the rise, but more measures are needed to stimulate the market and increase the number of electric vehicles on Europe's roads. While trade figures remained strong, there is still room for improvement in charging infrastructure incentives for EV buyers.
Region: Global 
Published: October 2024 
Author(s): ACEA 
Language: English 
Social drivers: Pandemics 
Geopolitical drivers: Economic conditions 
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