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Electric Vehicle-Global Market Insights and Sales Trends 2025

Electric Vehicle-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1826111

No of Pages : 118

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Synopsis

Electric Vehicle is one kind of new vehicle which utilizes the unconventional fuel as the power source integrating the advanced technology of the power control and drive section. The unconventional fuel generally is power. It mainly includes the PHEV and BEV.

The global Electric Vehicle market size is expected to reach US$ 253120 million by 2029, growing at a CAGR of 15.4% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Vehicle in various end use industries. The expanding demands from the Home Use and Commercial Use, are propelling Electric Vehicle market. PHEV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the BEV segment is estimated at % CAGR for the next seven-year period.

The leading manufactures mainly are Tesla, BYD, SAIC, BAIC, BMW, Hyundai & Kia, GEELY, Nissan, Volkswagen, Renault, JAC, TOYOTA , Mitsubishi, Chery, VOLVO, GAC Motor, Great Wall Motors, DongFeng Motor, etc. Tesla is the largest manufacturer, its revenue of global market exceeds 31%.

Geographically, the global Electric Vehicles (EVs) production market has been segmented into United States, Europe, China, Japan, others. The China held the largest share in the global market, its revenue of global market exceeds 42%. The next is Europe.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Electric Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Electric Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Vehicle sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Electric Vehicle covered in this report include Tesla, BYD, SAIC, BAIC, BMW, Hyundai & Kia, GEELY, Nissan and Volkswagen, etc.

The global Electric Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • Tesla
  • BYD
  • SAIC
  • BAIC
  • BMW
  • Hyundai & Kia
  • GEELY
  • Nissan
  • Volkswagen
  • Renault
  • JAC
  • TOYOTA
  • Mitsubishi
  • Chery
  • VOLVO
  • GAC Motor
  • Great Wall Motors
  • DongFeng Motor

Global Electric Vehicle market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Electric Vehicle market, Segment by Type:

  • PHEV
  • BEV

Global Electric Vehicle market, by Application

  • Home Use
  • Commercial Use

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.

Index

1 Electric Vehicle Market Overview
1.1 Electric Vehicle Product Overview
1.2 Electric Vehicle Market Segment by Type
1.2.1 PHEV
1.2.2 BEV
1.3 Global Electric Vehicle Market Size by Type
1.3.1 Global Electric Vehicle Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Vehicle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Vehicle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Vehicle Sales Breakdown by Type (2018-2023)
2 Global Electric Vehicle Market Competition by Company
2.1 Global Top Players by Electric Vehicle Sales (2018-2023)
2.2 Global Top Players by Electric Vehicle Revenue (2018-2023)
2.3 Global Top Players by Electric Vehicle Price (2018-2023)
2.4 Global Top Manufacturers Electric Vehicle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Vehicle Market Competitive Situation and Trends
2.5.1 Electric Vehicle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Vehicle Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Vehicle as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Vehicle Market
2.8 Key Manufacturers Electric Vehicle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Vehicle Status and Outlook by Region
3.1 Global Electric Vehicle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Vehicle Historic Market Size by Region
3.2.1 Global Electric Vehicle Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Vehicle Sales in Value by Region (2018-2023)
3.2.3 Global Electric Vehicle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Vehicle Forecasted Market Size by Region
3.3.1 Global Electric Vehicle Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Vehicle Sales in Value by Region (2024-2029)
3.3.3 Global Electric Vehicle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Vehicle by Application
4.1 Electric Vehicle Market Segment by Application
4.1.1 Home Use
4.1.2 Commercial Use
4.2 Global Electric Vehicle Market Size by Application
4.2.1 Global Electric Vehicle Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Vehicle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Vehicle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Vehicle Sales Breakdown by Application (2018-2023)
5 North America Electric Vehicle by Country
5.1 North America Electric Vehicle Historic Market Size by Country
5.1.1 North America Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Vehicle Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Vehicle Sales in Value by Country (2018-2023)
5.2 North America Electric Vehicle Forecasted Market Size by Country
5.2.1 North America Electric Vehicle Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Vehicle Sales in Value by Country (2024-2029)
6 Europe Electric Vehicle by Country
6.1 Europe Electric Vehicle Historic Market Size by Country
6.1.1 Europe Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Vehicle Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Vehicle Sales in Value by Country (2018-2023)
6.2 Europe Electric Vehicle Forecasted Market Size by Country
6.2.1 Europe Electric Vehicle Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Vehicle Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Vehicle by Region
7.1 Asia-Pacific Electric Vehicle Historic Market Size by Region
7.1.1 Asia-Pacific Electric Vehicle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Vehicle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Vehicle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Vehicle Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Vehicle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Vehicle Sales in Value by Region (2024-2029)
8 Latin America Electric Vehicle by Country
8.1 Latin America Electric Vehicle Historic Market Size by Country
8.1.1 Latin America Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Vehicle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Vehicle Sales in Value by Country (2018-2023)
8.2 Latin America Electric Vehicle Forecasted Market Size by Country
8.2.1 Latin America Electric Vehicle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Vehicle Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Vehicle by Country
9.1 Middle East and Africa Electric Vehicle Historic Market Size by Country
9.1.1 Middle East and Africa Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Vehicle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Vehicle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Vehicle Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Vehicle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Vehicle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tesla
10.1.1 Tesla Company Information
10.1.2 Tesla Introduction and Business Overview
10.1.3 Tesla Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tesla Electric Vehicle Products Offered
10.1.5 Tesla Recent Development
10.2 BYD
10.2.1 BYD Company Information
10.2.2 BYD Introduction and Business Overview
10.2.3 BYD Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BYD Electric Vehicle Products Offered
10.2.5 BYD Recent Development
10.3 SAIC
10.3.1 SAIC Company Information
10.3.2 SAIC Introduction and Business Overview
10.3.3 SAIC Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 SAIC Electric Vehicle Products Offered
10.3.5 SAIC Recent Development
10.4 BAIC
10.4.1 BAIC Company Information
10.4.2 BAIC Introduction and Business Overview
10.4.3 BAIC Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BAIC Electric Vehicle Products Offered
10.4.5 BAIC Recent Development
10.5 BMW
10.5.1 BMW Company Information
10.5.2 BMW Introduction and Business Overview
10.5.3 BMW Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 BMW Electric Vehicle Products Offered
10.5.5 BMW Recent Development
10.6 Hyundai & Kia
10.6.1 Hyundai & Kia Company Information
10.6.2 Hyundai & Kia Introduction and Business Overview
10.6.3 Hyundai & Kia Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hyundai & Kia Electric Vehicle Products Offered
10.6.5 Hyundai & Kia Recent Development
10.7 GEELY
10.7.1 GEELY Company Information
10.7.2 GEELY Introduction and Business Overview
10.7.3 GEELY Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.7.4 GEELY Electric Vehicle Products Offered
10.7.5 GEELY Recent Development
10.8 Nissan
10.8.1 Nissan Company Information
10.8.2 Nissan Introduction and Business Overview
10.8.3 Nissan Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nissan Electric Vehicle Products Offered
10.8.5 Nissan Recent Development
10.9 Volkswagen
10.9.1 Volkswagen Company Information
10.9.2 Volkswagen Introduction and Business Overview
10.9.3 Volkswagen Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Volkswagen Electric Vehicle Products Offered
10.9.5 Volkswagen Recent Development
10.10 Renault
10.10.1 Renault Company Information
10.10.2 Renault Introduction and Business Overview
10.10.3 Renault Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Renault Electric Vehicle Products Offered
10.10.5 Renault Recent Development
10.11 JAC
10.11.1 JAC Company Information
10.11.2 JAC Introduction and Business Overview
10.11.3 JAC Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.11.4 JAC Electric Vehicle Products Offered
10.11.5 JAC Recent Development
10.12 TOYOTA
10.12.1 TOYOTA Company Information
10.12.2 TOYOTA Introduction and Business Overview
10.12.3 TOYOTA Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.12.4 TOYOTA Electric Vehicle Products Offered
10.12.5 TOYOTA Recent Development
10.13 Mitsubishi
10.13.1 Mitsubishi Company Information
10.13.2 Mitsubishi Introduction and Business Overview
10.13.3 Mitsubishi Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Mitsubishi Electric Vehicle Products Offered
10.13.5 Mitsubishi Recent Development
10.14 Chery
10.14.1 Chery Company Information
10.14.2 Chery Introduction and Business Overview
10.14.3 Chery Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Chery Electric Vehicle Products Offered
10.14.5 Chery Recent Development
10.15 VOLVO
10.15.1 VOLVO Company Information
10.15.2 VOLVO Introduction and Business Overview
10.15.3 VOLVO Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.15.4 VOLVO Electric Vehicle Products Offered
10.15.5 VOLVO Recent Development
10.16 GAC Motor
10.16.1 GAC Motor Company Information
10.16.2 GAC Motor Introduction and Business Overview
10.16.3 GAC Motor Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.16.4 GAC Motor Electric Vehicle Products Offered
10.16.5 GAC Motor Recent Development
10.17 Great Wall Motors
10.17.1 Great Wall Motors Company Information
10.17.2 Great Wall Motors Introduction and Business Overview
10.17.3 Great Wall Motors Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Great Wall Motors Electric Vehicle Products Offered
10.17.5 Great Wall Motors Recent Development
10.18 DongFeng Motor
10.18.1 DongFeng Motor Company Information
10.18.2 DongFeng Motor Introduction and Business Overview
10.18.3 DongFeng Motor Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.18.4 DongFeng Motor Electric Vehicle Products Offered
10.18.5 DongFeng Motor Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Vehicle Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Vehicle Industrial Chain Analysis
11.4 Electric Vehicle Market Dynamics
11.4.1 Electric Vehicle Industry Trends
11.4.2 Electric Vehicle Market Drivers
11.4.3 Electric Vehicle Market Challenges
11.4.4 Electric Vehicle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Vehicle Distributors
12.3 Electric Vehicle Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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