Introduction

Automotive electrification is an inevitable global trend—one that applies everywhere.

Rewind five years, and some still suspected that China's aggressive push for a new energy transition was a "con job" that would turn the country into a global island.

Yet today, apart from the US—where automotive electrification is relatively slow—China, Europe and most of the world can be said to be accelerating automotive electrification, though the pace and direction vary by region. China and Europe are shifting to battery electric vehicles, while the US relies heavily on hybrids.

GlobalData forecasts that hybrids' share of global new car sales will rise from 16% last year to 23% by 2031, even though battery electric vehicles will become the best-selling powertrain in the early 2030s.

This report presents the state of electrification, tracking production, sales by powertrain and emerging markets.

01 Electric vehicle production share by automaker

Based on 2026 light vehicle production forecast data, here are the global electric vehicle production shares of the top 15 electric vehicle manufacturers.

Figure | 2026 global top 15 automakers by battery electric vehicle share ranking

02 Electric vehicle production share by region

It is expected that by 2026 over 66% of the world's electric vehicles will be produced in China.

Figure | Battery electric vehicle production share by major global region

03 Hot electric vehicle markets

The US lags other markets in electric vehicle and plug-in hybrid sales, and the growth rate of these vehicles in the US is also slower than in other countries. The chart below shows the percentage point increase in combined electric vehicle and plug-in hybrid sales share from 2020 to 2025, covering countries where these vehicles account for more than 10% of sales.

Figure | Ranking of new energy penetration growth rates by country

04 Global electrified vehicle sales

It is expected that by 2036 the global share of electrified vehicles will continue to rise. Standard hybrids are expected to grow in North America and parts of Asia, while Europe favors battery electric models, and China adopts a parallel mix of plug-in hybrids and battery electric vehicles.

Figure | Global electrified vehicle sales growth curve

Figure | North America electrified vehicle growth curve

Figure | Europe electrified vehicle growth curve

Figure | China electrified vehicle growth curve

Figure | Asia-Pacific electrified vehicle growth curve

05 Hybrids rise to become the US's second-largest powertrain

Gasoline-electric hybrids have become the second most popular powertrain in the US, surpassing battery electric vehicles. Meanwhile, electric vehicles remain concentrated in the premium segment.

Figure | Hybrids have become the second best-selling powertrain in the US market

06 Global electric vehicle fast charging

Of the nearly 2.7 million public electric vehicle fast charging plugs put into operation worldwide last year, over 81% are located in China. Below is the number of fast charging piles by different regions of the world—these charging piles have a charging power of 150 kW and above.

Figure | Global electric vehicle fast charging

Editor in charge: Cao Jiadong Editor: He Zengrong

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