In 2024, global electric vehicle sales increased by 25 percent compared to the previous year and reached 17.3 million. This figure made up 20 percent of total vehicle sales. According to the International Energy Agency (IEA) data, the biggest share in growth belongs to China.

China breaks records in electric vehicle sales

China has reached a sales of 11.3 million units by realizing about two -thirds of electric vehicle sales around the world. This corresponds to almost twice the sales of the rest of the world.

The growth in the electric car sector in China, the government’s incentive programs and the increasing demand for long -range vehicles, thanks to these levels. In 2019, only 1 million electric vehicle sales in China increased 11 times in five years.

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In 2025, China is expected to maintain the global market leadership and sell a total of 12.9 million electric vehicles. In the USA, in 2024, electric vehicle sales increased by 10 percent to 1.5 million. This increase caused by the introduction of new vehicle models and state incentives has increased the interest in the sector.

Electric vehicle sales in Europe fell by 6 percent and remained at the level of 3.2 million units. The decrease in demand in Germany was the main reason for this decline. However, Britain, thanks to the obligation of zero emission vehicles in Europe in the sales of electric vehicles in Europe has become the leading country.

In developing countries outside China, electric vehicle sales are increasing rapidly. Brazil and Indonesia drew attention with 140 percent and 190 percent growth rates in 2024, respectively. Electric vehicle sales worldwide are expected to exceed 20 million in 2025 with an increase of 18 percent.