1、www.theicct.org communicationstheicct.orgtheicct.org RESEARCH BRIEFJUNE 2025Global electric vehicle market monitor for light-duty vehicles in key markets,2024Ilma Fadhil and Chang ShenThis Global Market Monitor analyzes the development of the electric vehicle(EV)market for light-duty vehicles(LDVs).

2、It covers the major auto markets of China,Europe,the United States,and India and select emerging markets in 2024.1 Definitions and details about the data sources,methodology,and assumptions that underlie the analysis are in the appendices.THE GLOBAL MARKETGlobal sales of light-duty EVs reached nearl

3、y 17 million in 2024 and accounted for about 19%of new LDVs sold,up from approximately 15%in 2023.2 Over 90%of the EVs sold were in the four largest LDV markets based on sales volume:China,the United States,Europe,and India.3 Together,these four were home to 67%of global LDV sales in 2024.Figure 1 p

4、resents the light-duty EV sales share and number of EVs and EV models sold in the four major markets in 2023 and 2024(the dark shading is for BEVs and the light shading represents the PHEV share).Consistent with 2023,China was the worlds largest EV market in 2024 and accounted for approximately 66%o

5、f the global market.Over 11 million EVs were sold in China,representing 44%of new LDVs sold in the country;this was an 11-percentage-point increase from Chinas 33%EV sales share 1 The emerging markets considered are growing vehicle markets that have a large potential to reduce carbon dioxide emissio

6、ns by transitioning to EVs.Some are also vehicle-producing markets.For previous versions of this briefing,see https:/theicct.org/publication/global-ev-market-monitor-ldv-2024-h1-dec24/.2 Light-duty vehicles(LDVs)refers to passenger cars and light commercial vehicles,which are vans and pickup trucks.