EV market outlook: 40% of new cars by 2030, 60% by 2035
Global EV market enters a decisive phase toward 2030 parity
EV market outlook: 40% of new cars by 2030, 60% by 2035
A Strategy& study says global EV market nears adoption: 40% of new-car sales by 2030, 60% by 2035, as battery costs fall and ultra-fast charging spreads.
2025-09-03T11:03:47+03:00
2025-09-03T11:03:47+03:00
2025-09-03T11:03:47+03:00
A Strategy& (PwC) study reviewed by SPEEDME.RU says the global electric-vehicle market is entering a decisive phase. By 2030, EVs are expected to account for nearly 40% of worldwide new-car sales, rising to as much as 60% by 2035. The momentum, the research notes, is driven by cheaper batteries, higher energy efficiency, and the spread of ultra-fast charging. Read together, these signals suggest economics are beginning to set the pace.The shift will not be uniform, though. China remains out in front, controlling everything from raw-material extraction to battery recycling. Europe, by contrast, risks losing ground amid slow investment and heavy-handed regulation. As for the United States, acceleration is projected only after 2030.Experts add that falling LFP battery prices have already made EV ownership competitive in several segments. By 2030, full price parity with internal-combustion models is expected, erasing the economic edge of gasoline and diesel. Technology is moving quickly as well: battery energy density is nearing 400 Wh/kg, and a 10-minute charge could add up to 400 km of range. When costs and charging times converge like this, mass adoption stops sounding theoretical and starts looking practical.For Europe, the forecast reads as a warning: without faster investment in homegrown battery plants and innovation, the continent risks slipping into catch-up mode. That would be an expensive miss, given the global EV market is set to exceed €600 billion a year by 2030.
global EV market, electric vehicle sales, 2030 forecast, 2035 forecast, battery costs, LFP batteries, ultra-fast charging, 400 Wh/kg energy density, price parity, China EV market, US EV outlook
2025
Michael Powers
news
Global EV market enters a decisive phase toward 2030 parity
A Strategy& study says global EV market nears adoption: 40% of new-car sales by 2030, 60% by 2035, as battery costs fall and ultra-fast charging spreads.
Michael Powers, Editor
A Strategy& (PwC) study reviewed by SPEEDME.RU says the global electric-vehicle market is entering a decisive phase. By 2030, EVs are expected to account for nearly 40% of worldwide new-car sales, rising to as much as 60% by 2035. The momentum, the research notes, is driven by cheaper batteries, higher energy efficiency, and the spread of ultra-fast charging. Read together, these signals suggest economics are beginning to set the pace.
The shift will not be uniform, though. China remains out in front, controlling everything from raw-material extraction to battery recycling. Europe, by contrast, risks losing ground amid slow investment and heavy-handed regulation. As for the United States, acceleration is projected only after 2030.
Experts add that falling LFP battery prices have already made EV ownership competitive in several segments. By 2030, full price parity with internal-combustion models is expected, erasing the economic edge of gasoline and diesel. Technology is moving quickly as well: battery energy density is nearing 400 Wh/kg, and a 10-minute charge could add up to 400 km of range. When costs and charging times converge like this, mass adoption stops sounding theoretical and starts looking practical.
For Europe, the forecast reads as a warning: without faster investment in homegrown battery plants and innovation, the continent risks slipping into catch-up mode. That would be an expensive miss, given the global EV market is set to exceed €600 billion a year by 2030.
