Electrified Vehicles Have Almost Reached 50% Market Share Globally

Key takeaway

• Electrified vehicles have a 43% global market share as of Q1 2025, up massively from 9% in 2019

Who’s buying the most EVs?

According to JATO, China represented 57% of BEV (battery electric vehicle) registrations in Q1 2025. Next was Europe at 22%, and the U.S. at 12%.