Top 5 countries by EV motor power deployed
During January and February 2025, the combined traction motor power rolled onto global roads in newly sold passenger EVs, including plug-in and traditional hybrids, totaled 560.5 GW, a 30% increase from the same two months last year. Unless the status quo changes, China is poised to experience a massive drop in concentrate imports in Q2 2025 (and possibly beyond) and consequently a drop in feedstock supplies to its processors and magnet makers.
During January and February 2025, the combined traction motor power rolled onto global roads in newly sold passenger EVs, including plug-in and traditional hybrids, totaled 560.5 GW, a 30% increase from the same two months last year.
Way out front, China deployed 294.3 GW of motor power onto roads globally, outpacing overall growth with an eye-catching 34% year-on-year jump.
China increased its already substantial share of the world’s fresh motor power deployed from under 51% in January-February 2024 to 53% this year, despite a slight decrease in the combined motor power in the average EV sold in the country during the first two months.
The decrease is partly explained by Chinese buyers flocking more towards BEVs, which on average have slightly lower peak power than the PHEVs sold in the country this year. So far in 2025, PHEVs made up 39% of sales.
In the opening months of 2025, newly sold EVs in China averaged 175.8 kW of motor power, the second highest among major EV markets, surpassed only by Canada, where the average reached 186.1 kW.
US motor power deployed in electrified vehicles sold during January-February totaled 87.4 GW, a 17% year on year increase affording the world’s second largest car market a global share of 16%, down from 17% in 2024.
Japan is a distant third with 23.5 GW of motor power deployed after expanding by less than 1% year on year. Japan is something of an anomaly – some nine out of ten electrified vehicles sold in the country are traditional hybrids which opens a massive gap to other markets in terms of motor power in the average EV.
Globally, HEV sales accounted for a quarter of the overall EV market, while in China, it was only 8%. In Norway, the most electrified vehicle market globally, this type of EV almost never makes it onto car buyers’ shopping list. The US market was more balanced – 53% of electrified vehicles sold in January and February this year were HEVs.
Fourth is Germany (19.2 GW) and fifth the UK (15.0 GW), edging France from the top five where motor power deployed shrank by 5% year on year. New EV owners steered 34% more power onto UK roads while German autobahns added 29% more than in 2024.
Globally, so far this year, permanent magnet motors represented 90% of motor power deployed, induction 6% and electrically excited synchronous motors 4%.
다른 공급업체와 만나다
2025년 9월 토론토에서 열리는 ‘Rare Earth Mines, Magnets & Motors 2025’ 행사에 참석하여 대체 희토류 채굴업체 및 자석 제조업체 관계자들을 만나보시기 바랍니다. 이 행사에서는 주요 시장 참여자 및 업계 전문가들과 함께 이 주제를 심도 있게 논의할 예정입니다.
이틀간 진행되는 이번 행사에는 전 세계 광산에서 OEM에 이르는 공급망 전반의 비즈니스 및 기술 리더들이 한자리에 모여 5성급 호텔에서 수준 높은 토론과 네트워킹의 기회를 가질 예정입니다.
올해 컨퍼런스의 주요 주제는 로봇공학, 자동화, 첨단 항공 이동성, 그리고 상류 단계에서 통합되고 있는 신흥 ‘광산에서 자석까지’ 공급망 등이 될 것입니다.
특별 게스트: 애플의 공동 창업자 스티브 워즈니악
자세한 정보: www.adamasevent.com
