U.S. EV market share was 8.7% in Q4 2024, steady from the previous quarter. Fully-electric vehicles (BEVs) were 8.1% of all U.S. light vehicle sales in 2024. EV sales were up 15% year-over-year, totaling 365,824 sales in the third quarter. Tesla’s U.S. EV market share fell to 44%.

In 2023, Mercedes-Benz marketed the first domestically assembled EV, and both BYD and Tesla also entered the market. In Latin America, electric car sales reached almost 90 000 in 2023, with markets in Brazil, Colombia, Costa Rica and Mexico leading the region.

Jan 15, 2025 · Data shows that global sales of EVs and plug-in hybrid electric vehicles hit a record high in 2024, thanks to booming growth in China and other regions, which offset the weaker performance in...

Electric Vehicle Market Size & Trends . The global electric vehicle market size was estimated at USD 1,328.08 billion in 2024 and is projected to grow at a CAGR of 32.5% from 2025 to 2030. Government policies and incentives worldwide are accelerating the adoption of …

Apr 13, 2023 · Texas has the second largest used EV market in the country in terms of sales figures and inventory. As of April 13, 2023, there were over 3175 used EVs (battery EV and plug-in hybrid) in inventory. The state that leads the country …

In 2025, the revenue in the Electric Vehicles market is projected to reach a staggering US$784.2bn worldwide. Looking ahead, it is expected that the market will demonstrate a steady annual...

Explore data on electric car sales and stocks worldwide. First published in February 2024. Last updated in April 2024. Electric vehicles are an essential solution to decarbonizing transport. Electric cars tend to have a lower carbon footprint than petrol or diesel cars over their lifetimes.

Mar 24, 2025 · The global electric vehicle market size was valued at USD 500.48 billion in 2023. and is projected to grow from USD 671.47 billion in 2024 to USD 1,891.08 billion by 2032, exhibiting a CAGR of 13.8% during the forecast period (2024-2032).

Mar 12, 2025 · What key trends should industry stakeholders watch for in the EV market throughout the rest of 2025? Multiple anticipated changes in federal energy and environmental policy are expected to affect electric vehicle demand adversely. Lower gas prices will shift the cost/benefit economics away from EVs and towards ICE vehicles.

Electric Vehicle Market Size and Forecast – 2025-2032 The Global Electric Vehicle Market is expected to be valued at USD 427.02 billion in 2025 and reach USD 713.07 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.6% from 2025 to 2032. Key Takeaways of the Global Electric Vehicle Market: