Prediction of Over 20 Million Electric Vehicle Sales in 2025 and Surpassing 25% of Global Market Share

EV sales are projected to exceed 20 million units in 2025, marking a mainstream shift in transport. But can infrastructure, mineral supply, and grid capacity keep pace with this explosive growth?

A Major Transformation in the Global Transportation Industry

According to a new report from the International Energy Agency (IEA) and BloombergNEF analytics platform in the first half of 2025, global sales of electric vehicles (EVs) are on track to surpass 20 million units in a single year. This figure, if realized, would represent more than 25% of all light vehicle sales worldwide — a significant milestone in the global transition from fossil fuels to clean transportation.

Electric Vehicle Sales Statistics and Forecasts for 2025

Indicator

Forecasted Amount

Total Global EV Sales in 2025

Over 20 million units

EV Market Share Globally

Over 25%

China

Around 11 million units (over 50% of total sales)

Europe

Around 3.5 million units

USA

Over 2 million units

Emerging Markets (India, Brazil, Middle East)

Rapid growth (30%+ annual rate)

According to IEA, the total number of EVs on the road globally will reach about 60 million units by the end of 2025.

Main Drivers of Rapid EV Growth

  • Government support policies in over 70 countries — including tax incentives, purchase subsidies, customs exemptions, and registration priority
  • Increased mass production by major automakers — companies like Tesla, BYD, Volkswagen, Hyundai, and GM compete for EV market dominance
  • Rising fossil fuel prices — in many countries, operating an EV is now cheaper than a gasoline car
  • Battery technology advances and extended driving range — new generations of LFP and solid-state batteries with higher capacity and faster charging
  • Expansion of public and fast charging networks — over 3 million public charging stations are expected globally by the end of 2025

Role of Batteries in Accelerating EV Market Growth

Increased battery production capacity (especially in Asia) and cost reductions have been key factors in EV growth. In 2025:

  • Average battery price per kWh will fall below $90
  • Gigafactories in China, Korea, Germany, and the USA have over 2 terawatt-hours annual production capacity
  • Solid-State batteries will be commercially available in some high-end vehicles

Changing Market and Consumer Behavior

  • Increased consumer preference for EV-first brands like BYD, Tesla, and Lucid Motors
  • Younger generations seek zero-emission vehicles with smart systems
  • EVs now offer not only cleaner operation but also superior technical performance and acceleration compared to many gasoline cars

Environmental and Economic Impacts

  • Reduction of greenhouse gas emissions by approximately 75 million tons of CO₂ annually compared to fossil vehicles
  • Decreased oil import dependence in countries with large EV fleets
  • Creation of hundreds of thousands of jobs in battery manufacturing, chargers, navigation software, EV logistics, and specialized repair
  • Increased demand for lithium, cobalt, nickel, and graphite, exerting pressure on mineral supply chains

Future Challenges and Bottlenecks in the EV Market

  • Lack of charging infrastructure in rural and developing regions
  • Need for effective battery recycling and waste management
  • Stress on power grids during peak nighttime charging hours
  • Heavy reliance on geopolitically sensitive mineral mines for battery raw materials

UAE’s Position and Opportunities for Aras Energy

The UAE has taken significant steps toward electric mobility:

  • Dubai’s plan to convert 42% of its taxi fleet to electric by 2030
  • Investments in fast charging stations along highways and urban areas
  • Green hydrogen production projects for heavy commercial vehicles

Aras Energy can play an effective role by:

  • Developing public and private EV charging infrastructure
  • Consulting on energy storage system design for charging stations
  • Collaborating with municipalities to formulate electric transport policies
  • Investing in importing or assembling electric commercial vehicles for industrial use

Selling 20 million electric vehicles in 2025 is not just a number; it signifies humanity entering a new era of low-carbon and intelligent transportation. Surpassing 25% market share marks EVs’ transition from a “forward-looking alternative” to a mainstream global automotive market force.

The future of clean transportation is no longer on the horizon — it has begun. 

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