BloombergNEF – Electric Vehicle Outlook, 2025

The main theme of the report is the analysis of global trends in the field of electric vehicles (EV) for 2025.

Key findings include: A record year for electric vehicle sales is expected due to the reduction in the cost of lithium-ion batteries and the production of more affordable models. Electric vehicles are forecasted to account for a quarter of all passenger cars sold worldwide and more than half of the market in China. Electrification technologies continue to rapidly develop, including the commercialization of solid-state batteries. Charging infrastructure is improving, with an increase in the number of national fast-charging networks. Electrification is spreading to other types of transport, including trucks, vans, and two-wheelers. Despite growth, 2025 forecasts for electric vehicle adoption have been lowered due to policy changes, especially in the US and Europe.