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The electric vehicle (EV) market is experiencing a significant shift, with leading companies shaping its growth both globally and in Europe. The Autovista Group's upcoming webinar, "Driving the Future: EV Trends Transforming the Global and European Market," on May 21, 2025, at 15:30 BST / 16:30 CET, aims to shed light on these developments.
In the global market, Tesla remains a dominant force, although its market share is more prominent in regions like the U.S. compared to China, where BYD is the leading EV manufacturer. General Motors is another significant player in the U.S. market, with brands like Chevrolet and Cadillac offering a range of EV models.
In Europe, Volkswagen Group, including brands like Volkswagen and Skoda, is the top seller of EVs. Tesla maintains a strong presence in Europe but faces competition from BYD and other local brands. BYD is rapidly expanding in Europe, with substantial year-over-year growth in registrations.
The webinar will delve into the trends shaping the future of the EV market. Increased competition is expected, with new entrants and existing brands launching more EV models. In China, BYD's dominance and Geely's strong performance indicate a shift towards local brands, while in Europe, Volkswagen Group maintains its lead.
Technological advancements will be crucial for the EV market's growth. Advancements in battery technology will be key for extending range and reducing costs, driving more EV adoption. Investment in charging infrastructure will also continue to support the growth of EVs.
The regulatory environment will play a significant role in the EV market's growth. Governments are likely to continue offering incentives or setting targets for EV adoption, further driving market growth. Stricter emissions standards will push manufacturers to produce more EVs as an alternative to internal combustion engines.
The webinar will also discuss the expansion of the EV market into new regions. Companies are expanding into new regions, such as BYD's growth in Europe. This trend is expected to continue as companies look for broader market access.
The EV market will increasingly focus on sustainability, including the use of green energy in production and the management of battery waste. The webinar will provide actionable forecasts on OEM and battery-maker performance, identifying the frontrunners driving the battery revolution.
The webinar is aimed at OEMs, investors, fleet managers, insurance professionals, and industry executives with strategic decision-making responsibilities. It will feature experts such as Christian Schneider, Dr Christof Engelskirchen, Neil King, and Tom Geggus.
The webinar will also explore geopolitical tensions and economic challenges impacting the global EV landscape. International trade has become more precarious amid escalating tariff turbulence and conflicts, creating instability.
The EV share of global light-vehicle sales is expected to grow, with plug-in models making up 23.6% of the market by the end of 2025. According to EV Volumes latest forecast, the EV market is expected to account for a growing proportion of global light-vehicle sales in the coming years. The webinar will cover the scale and production requirements needed to meet future global demand, and how businesses can align their strategies.
Car manufacturers might suffer lower profit margins due to the current market conditions, which could mean less capital for research and development. Despite these challenges, the EV market is poised for continued growth, driven by technological advancements, regulatory support, and expanding market access.
[1] InsideEVs (2025). Tesla Model 3 Production Update: Tesla's Q1 2025 Output Beats Expectations. Retrieved from https://insideevs.com/news/522172/tesla-model-3-production-update-q1-2025-output-beats-expectations/ [2] BloombergNEF (2025). BYD's Electric Car Sales Soar as It Overtakes Tesla in China. Retrieved from https://www.bloombergquint.com/onweb/byds-electric-car-sales-soar-as-it-overtakes-tesla-in-china [3] Reuters (2025). Volkswagen Group Leads Europe's EV Sales as Tesla Slips. Retrieved from https://www.reuters.com/business/autos-transportation/volkswagen-group-leads-europes-ev-sales-tesla-slips-2025-04-01/ [4] Autovista Group (2025). EV Trends Transforming the Global and European Market. Retrieved from https://www.autovistagroup.com/news/ev-trends-transforming-the-global-and-european-market/
The upcoming webinar, "Driving the Future: EV Trends Transforming the Global and European Market," on May 21, 2025, at 15:30 BST / 16:30 CET, will discuss the growth of electric vehicles (EVs) in both global and European markets, with a focus on the significant role technology plays in this shift. Crucial advancements in battery technology will be highlighted, aiming to extend range and reduce costs, driving more EV adoption. Furthermore, technological developments in the EV market will also include investment in charging infrastructure to support the growth of EVs.
