Based on EV Volumes' September 2025 forecast update. Actuals from 2015 to 2024. Forecasts from 2025 to 2040. Light vehicles include passenger cars and light-commercial vehicles. Electric vehicles (EVs) include battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs).
*Region includes Asia (excluding China), Eastern Europe, the Middle East and Africa, and Central and South America.
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Forecast share of EVs in the light-vehicle market worldwide 2015-2040, by region
In 2024, around ** percent of China's light vehicle market was made up of electric vehicles. The share of electric vehicles in the Chinese light vehicle market is forecast to grow to up to **** percent by the year 2040.
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EV-Volumes.com. (October 9, 2025). Share of electric vehicles (EVs) in the light-vehicle market worldwide from 2015 to 2024, with a forecast to 2040, by selected regions [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/1661354/share-of-evs-in-the-light-vehicle-market-by-region/
EV-Volumes.com. "Share of electric vehicles (EVs) in the light-vehicle market worldwide from 2015 to 2024, with a forecast to 2040, by selected regions." Chart. October 9, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/1661354/share-of-evs-in-the-light-vehicle-market-by-region/
EV-Volumes.com. (2025). Share of electric vehicles (EVs) in the light-vehicle market worldwide from 2015 to 2024, with a forecast to 2040, by selected regions. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/1661354/share-of-evs-in-the-light-vehicle-market-by-region/
EV-Volumes.com. "Share of Electric Vehicles (Evs) in The Light-vehicle Market Worldwide from 2015 to 2024, with a Forecast to 2040, by Selected Regions." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 Oct 2025, /statistics/1661354/share-of-evs-in-the-light-vehicle-market-by-region/
EV-Volumes.com, Share of electric vehicles (EVs) in the light-vehicle market worldwide from 2015 to 2024, with a forecast to 2040, by selected regions ÌÇÐÄÆÆ½â°æ, /statistics/1661354/share-of-evs-in-the-light-vehicle-market-by-region/ (last visited August 03, 2026)
Share of electric vehicles (EVs) in the light-vehicle market worldwide from 2015 to 2024, with a forecast to 2040, by selected regions [Graph], EV-Volumes.com, October 9, 2025. [Online]. Available: /statistics/1661354/share-of-evs-in-the-light-vehicle-market-by-region/