Chinese electric car manufacturers are planning massive investments in Europe, and Romania is among the countries targeted. The lineup includes two all-electric vehicles—the BYD Sealion 7 and BYD Seal —and two plug-in hybrids, the BYD Seal U DM-i (Song Plus) and the compact BYD Atto 2. . China maintained its lead, with electric cars accounting for almost half of all car sales in 2024; the over 11 million electric cars sold in China last year were more than global sales just 2 years earlier. As a result of continued strong growth, 1 in 10 cars on Chinese roads is now electric. . Market Dominance Solidified: China's electric vehicle market has achieved unprecedented scale in 2025, controlling over 70% of global EV production with domestic sales exceeding 11 million vehicles in 2024, while market penetration has skyrocketed from 6. In a global. . Norway leads the electric vehicle (EV) market, with 88. CO, a key player in Romania's electric mobility market, August 2025 saw an 89 percent increase in new electric vehicle registrations compared to the same month last year, confirming that predictability and fair pricing play a decisive role in drivers'. .
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Policy support and relatively affordable electric car imports from China played a central role in increasing sales in some emerging electric vehicle (EV) markets, accounting for 85% of electric car sales in both Brazil and Thailand, for example.
The financial scale of China's electric vehicle market is staggering. Revenue projections indicate the market will reach $377.9 billion in 2025, with steady growth expected to push this figure to $419.0 billion by 2029.
Chinese electric car models are typically cheaper than the average EV in emerging markets, bolstering the competitive position of the Chinese industry. In Thailand, the average price of a battery electric car has now reached parity with an average conventional car, and the Chinese electric cars available are, on average, even cheaper.
Vietnam aims for 50% of urban vehicles to be electric by 2030, with 1 million EVs on the road by 2028. The market is projected to grow from $2. For buyers, the shift to EVs offers long-term savings and a cleaner way to drive. In 2024, nearly 90,000 EVs were sold – 2. This surge is driven by rising fuel prices (around $6/gallon in 2025), government incentives, and increasing interest in cleaner transportation. Here's what you need to know:. . In this VietWheels blog we discuss how we expect Vietnam to see a significant transition to electric cars (EVs). 88%, from its 2025 valuation of USD 3. But another exciting story. . The Vietnamese Electric Vehicle Market Report is Segmented by Vehicle Type (Passenger Cars, Commercial Vehicles, and More), Propulsion (Battery Electric Vehicles, Plug-In Hybrid Electric Vehicles, and More), Driving Range (Below 200 Km, 200 To 400 Km, and More), Battery Type (Private Ownership, and. . Vietnam's electric vehicle (EV) industry is experiencing rapid growth, driven by a strong wave of new legislation, strategic plans, and government incentives. The government's clear commitment to electrification is attracting foreign investment, supporting advanced production, and reducing reliance. . Vietnam may not be the first country that comes to mind when talking about electric vehicle (EV) adoption, but it's time that changed.
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Kazakhstan saw a 36-fold rise in the sale of Chinese EVs in 2024, with projections reaching 40,173 vehicles by 2035. While some Western countries imposed tariffs to curb Chinese EV imports, Central Asia embraced them, offering tax breaks and facilitating local production. With the increasing awareness of environmental protection and sustainable development, the electric vehicle and charging market in Central Asia is experiencing a series of. . Current EV Market Landscape & Charging Demand in Kazakhstan As Kazakhstan pushes toward green energy transition (per its Carbon Neutrality 2060 target), the electric vehicle (EV) market is experiencing exponential growth. In 2023, EV registrations surpassed 5,000 units, with projections indicating. .
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Market Dominance Solidified: China's electric vehicle market has achieved unprecedented scale in 2025, controlling over 70% of global EV production with domestic sales exceeding 11 million vehicles in 2024, while market penetration has skyrocketed from 6. . BYD, the leading Chinese electric car company, reported January sales that marked a nearly two-year low. As car sales in the first two months of a year can be volatile for China, analysts are watching to see whether figures for the first quarter point to a significant slump. Electrification and smart technologies have gained momentum, especially in the past five years, and lessons from the Chinese market can be extracted for. . They now represent the majority of the new car market, surging to 51% market share. The majority of the world's electric vehicles (BEVs and PHEVs) are both built and sold in China. Driven by aggressive state support, China claimed 53. 34 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 15. 58% during the forecast period (2025 - 2035).
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The UAE, which has the largest share of battery electric vehicles (BEVs) at 65. . The Middle East electric vehicle (EV) market is still in its early stages but could reach $54 billion by 2035, potentially making up nearly two-thirds of new car sales. Looking forward, Reports and Insights expects the market to reach US$ 625. 7 million in 2032, exhibiting a growth rate (CAGR) of 8. Adoption is accelerating because sovereign climate pledges have been translated into binding vehicle‐efficiency rules, Cabinet-level. . Revenue in the Battery Electric Vehicles market is projected to reach US$256.
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In this guide, we will explore the various solutions available for EV charging stations and how they can be implemented in the context of Tuvalu. . Sectoral (energy sector) commitment focussed on a transition to renewable energy in the electricity generation sector and energy efficiency through demand side management. . As countries are actively looking for ways to reduce their greenhouse gas (GHG) emissions, they should be looking at using more electric vehicles (EVs). We will discuss the importance of EV charging infrastructure, highlight a leading EV charging equipment manufacturer, and delve into the benefits of. . In recent years, the demand for electric vehicles (EVs) has been on the rise, leading to an increased need for efficient EV charging solutions. This is particularly true for Tuvalu's. . National Strategy for Sustainable Development 2021-2030 Key Strategic Action 5. 2 – Strengthen efforts on decreasing the high dependency on costly fuel imports. TNEP under review Old Version - 3. 1 Ensure that the sea and land transport sectors promote fuel conservation and. .
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