As we approach 2025, the electric vehicle (EV) industry is poised for massive growth, driven by policy changes, technological breakthroughs, and market shifts. From China surpassing ICE vehicle sales to new charging tech, discover how global EV trends are transforming the future of mobility.
2025 is set to be a pivotal year for electric vehicles (EVs), with major developments shaping the industry globally.
China leads the EV market
China is expected to surpass internal combustion engine (ICE) vehicle sales with EVs for the first time. BloombergNEF forecasts China will account for 65% of global EV sales, driven by government backing, advanced battery technology, and industry leaders like BYD. However, geopolitical tensions could challenge its international expansion.
Ultra-fast charging becomes the norm
Charging times are decreasing significantly. CATL’s Shenxing Plus battery offers 600 km of range in 10 minutes, while UK-based Nyobolt has developed a battery that charges to 80% in under 5 minutes, marking a leap forward in charging efficiency.
UK EV market becomes more affordable
Falling battery costs, increased government incentives, and a growing second-hand market are making EVs more accessible. Affordable models like the Dacia Spring Electric and Hyundai INSTER are expanding choices beyond luxury EVs like Jaguar’s Type 00.
Jaguar’s electrification strategy targets younger buyers
Jaguar’s Type 00 all-electric model, introduced with a bold rebrand, aims to attract younger, trend-focused consumers. The move highlights how automakers are integrating design, performance, and sustainability to appeal to new demographics.
Governments strengthen EV incentives
UK: From April 2025, Vehicle Excise Duty (VED) will rise for petrol, diesel, and hybrid vehicles to accelerate EV adoption.
US: The $7,500 federal EV tax credit remains, though reductions could be introduced.
China: New export restrictions on battery materials may affect global supply chains.
EU: Stricter regulations will require charging points every 60 km on major routes to support long-distance EV travel.
The future of e-mobility
With China’s dominance, rapid advancements in charging, improved affordability, shifting consumer trends, and stronger government policies, 2025 will play a key role in shaping the future of electric transport. The global shift towards sustainable mobility is accelerating, bringing an electrified future closer than ever.
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U.S. President Donald Trump stated on Tuesday that the U.S. will stop airstrikes against Yemen's Houthi rebels after the group agreed to cease attacks on key shipping routes in the Middle East.
U.S. President Donald Trump has hinted at a major announcement later this week, without offering any details, during a wide-ranging Oval Office exchange with Canadian leader Mark Carney.
The European Commission is preparing to propose legal measures next month to phase out the EU's imports of Russian gas and LNG by 2027.
Uber said it would buy a majority 85% stake in Turkish food and grocery delivery platform Trendyol Go for $700 million, as the ride-hailing giant looks to tap new growth markets amid signs of saturation in its mainstay North American business.
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed on Tuesday.
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