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20 Aug 2026  |  Global  |  Market Outlook
2026 Prediction of Global Electric Vehicle Market
Increased EV Penetration Worldwide Signals the Transition from Early Adoption to Mainstream Acceptance
Over 21.6 million units of light-duty electric vehicles (EVs) were sold worldwide in 2025, representing a 23.5% year-over-year (YoY) growth. Battery electric vehicles (BEVs) accounted for 66.8% of all EVs sold, while plug-in hybrid electric vehicles (PHEVs) accounted for 33.2%. The PHEV share declined by 3% in 2025. The global EV penetration in the...
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