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Top 5 EV makers by permanent magnet motor power deployed

Huawei seres aito showroom robert stockadobecom

From January through June 2025, the combined permanent magnet traction motor power rolled onto global roads in newly sold passenger EVs, including plug-in and traditional hybrids, totaled 1.88 TW, a 31% increase from the same six months last year.   

Globally, so far this year, PM EV motors represented nearly 91% of overall motor power deployed, induction motors 6% (up 12% year on year) and electrically excited synchronous motors 3% (up 1% year on year).  

Way out front, BYD deployed 274.0 GW of PM motor power onto roads globally, outpacing overall growth with an eye-catching 39% year-on-year jump.

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