Global vehicle parc electrifies at a 30% rate in first half of 2025
During the first half of 2025, 470.2 GWh of battery capacity was deployed onto roads globally in all newly sold passenger EVs combined, 30% more than the same period last year.
Asia Pacific added fresh capacity at a faster rate than the rest of the world, and after a difficult 2024 growth, Europe has made a robust return. In contrast, the Americas are undergoing a significant slowdown.
China continues to drive global growth, boasting its best monthly deployment of 2025 (and third highest on record) in June at 51.4 GWh and affording the country 55% of the global market.
The speed of the electrification of the Chinese car parc has been nothing short of astonishing. GWh hitting roads in the country in the month of June was close to the annual total of the 2020 calendar year (53.9 GWh) for the nation, and battery capacity deployed of 257.8 GWh so far this year is just short of China’s 2022 annual tally.
In the first half of 2025, the Asia Pacific region’s vehicle fleet achieved an electrification rate of 35%, representing 290.2 GWh of battery capacity. This progress is largely driven by China’s sustained momentum, which continues unabated despite Beijing’s efforts to moderate intense competition within its domestic market.
A robust South Korea, which after two rough years has seen growth of 51% this year to 7.0 GWh deployed, combined with breakneck expansion in smaller markets like Indonesia, Vietnam and India should underpin expansion through the end of the year.
The top two European markets – Germany and the UK – were the best performing major markets in H1 with battery capacity deployed surging by 44% and 41% respectively so far in 2025.
While France continues to shrink compared to last year due to the winding down of EV incentives there, the EMEA region’s growth reached 32% during H1, thanks to the strong performances elsewhere. Turkey, now the world’s eighth largest EV market behind Canada in GWh terms, has expanded by 148% this year hitting 6.2 GWh by the end of June.
After a contraction in May, growth returned to the Americas in June. Growth remains anemic, however, with new EV owners steering 12.7 GWh onto the region’s roads, only 2% more than in June last year.
US highways and byways gained less than 1% additional battery capacity during the month, but Canada suffered a surprising year-on-year decline. The two countries together were responsible for 91% of the fresh GWh deployed in June.
In 2025, the Americas increased battery capacity by 8% year-to-date compared to the first half of 2024, reaching 68.6 GWh. This growth was significantly driven by a surge in Mexico, the region’s fourth-largest market, following Brazil.
With vehicle sales historically speeding up towards the end of the year (December 2024’s global tally fell just short of 100 GWh), 2025 could turn out to be the first year where 1 TWh of EV battery capacity is deployed worldwide. For that to happen, the Americas will have to speed up considerably towards the end of the year.
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