Strategy& – Electric Vehicle Sales Review, Q4 2025
Summary
The report reviews battery electric vehicle (BEV) sales performance globally in the fourth quarter and full year of 2025.
Key findings include a nearly 30% increase in BEV sales across all analyzed markets in 2025 compared to 2024, with over 20% of vehicles sold globally in Q4 2025 being BEVs. The report highlights strong growth in China and Europe, a decline in PHEV sales in China, and the impact of the termination of US tax credits on BEV sales.
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