Photo Credit:Fair Use [17 U.S.C. § 107] Young Asian couple with Geely's low-cost Geome EV model

New Twists In The Electric-Vehicle Transition: A Consumer Perspective

24 Apr 2025 | Abstracted from McKinsey

"Although EV uptake has increased worldwide, it has always varied by region...about 50 percent of vehicles sold in China were EVs. EVs accounted for only 21 percent of vehicles sold in Europe.. EV sales were lowest in the United States, at 10 percent

"EV uptake is likely to continue to grow across regions. In China, 45 percent of respondents state that their next car will be a BEV; this compares with 23 percent in Europe and 12 percent in the United States."

ADDITIONAL RELATED NEWS LINKS

• What China's EV Buyers' Remorse Means For The World