1、Electric Vehicle Sales Review Q4 2025Foresight to drive the industryJanuary 2026Strategy&This publication has been developed in collaboration between Strategy&,PwCs global strategy consulting business,alongside PwC Autofacts automotive industry and function experts.Together,we transform organization

2、s by developing actionable strategies that deliver results.At PwC,our purpose is to build trust in society and solve important problems.Were a network of firms in 136 countries with almost 365,000 people who are committed to delivering quality in assurance,advisory and tax services.Find out more and

3、 tell us what matters to you by visiting us at .PwC refers to the PwC network and/or one or more of its member firms,each of which is a separate legal entity.Please see for further Strategy&Electric Vehicle Sales ReviewSource:PwC Autofacts analysis3Executive summaryTotal BEV sales in all analyzed ma

4、rkets increased by almost a third over the course of 2025 versus the previous year+30%BEV sales growth in all analyzed markets in 2025 vs.2024In the fourth quarter of 2025,quarterly sales of BEVs surpassed the four million mark for the first time across all 40 analyzed markets,representing a 17%incr

5、ease compared to the same period in 2024.For the second straight quarter,over 20%of vehicles sold globally were BEVs.Taking the year 2025 in its entirety,BEV sales increased by 30%across all analyzed markets.Given the sheer size of the market,BEV sales in China heavily influenced the positive global

6、 performance,increasing by 16%YoY in Q4 and 33%over the course of 2025 relative to the previous year.However,after several years of rapid growth,PHEV sales in China fell for the second successive quarter,down 12%YoY in Q4.Recently launched entry-level BEV models are proving highly popular with consu