The electric vehicle market is experiencing a splashing on a global scale. According to the first part of the “Electric Vehicle Ecosystem and Transformation Analysis” report published by Ey-Parthenon, electric vehicle sales in 2022–2024 in the world have grown by 66 percent annually. With this rapid rise, the number of electric vehicles sold worldwide in 2024 reached 17 million. The biggest share in the global market was by far in China; 56 percent of the vehicles sold took place in the market of this country. The European Union comes after China with a share of 17 percent and the United States with a 12 percent share. As of 2024, 54 percent of a total of 55.9 million electric vehicles around the world are located on Chinese roads; This reveals the absolute domination of the country in the sector. Interest in electric cars is increasing day by day in Türkiye; Especially in big cities, the widespread of the charging infrastructure and the introduction of domestic production models attracts the demand in the domestic market visibly.
13 times increased in Türkiye
Thanks to technological developments and government incentives, this rise is expected to continue. While the US focuses on the charging infrastructure, China increases its large -scale production capacity. The healing and regulatory steps in battery technologies also support growth. In Türkiye, electric vehicle sales have recorded a rapid growth at the same rate. Total vehicle sales increased by 65 percent between 2022-2024, electric vehicle sales increased by about 13 times and reached 115 thousand. In the same period, hybrid vehicle sales increased to 174 thousand levels.. Especially hybrid vehicles, range advantage and SCT discounts have become an option competing with electric vehicles among consumers.
Domestic production effect
In Türkiye, domestic electric vehicle brands came to the fore since 2023. As of 2024, the domestic manufacturer reached a 26 percent sales share in the electric vehicle market. The domestic brand is the first in sales and its American rival is second. The report emphasizes that electric vehicle sales will be shaped by regional differences depending on factors such as electricity prices, charging infrastructure, consumer awareness and government incentives. ShitThe expansion of the arj infrastructure and the increase in range increases the market share of battery -based electric vehicles (BEV), while hybrid vehicles will continue to be a strong alternative in the short term. Battery technologies, environmental regulations and government supports are expected to increase the demand for BEVs. However, issues such as charging, battery exchange costs and maintenance are still important for electric vehicle owners.
It increases seriously
In the conclusion part of the report, the following is mentioned: “As a result, this extraordinary growth in electric vehicles points to a new transformation in the automotive sector. State incentives, technological developments and change in consumer behaviors in both global and local markets accelerate the transformation. However, difficulties such as infrastructure deficiencies and battery costs should be handled carefully.. If this momentum is maintained, the ratio of electric vehicles in total sales in many countries in 2030 is expected to increase significantly. “
20 million expectations
On the other hand, according to the electric vehicle view report published by the International Energy Agency (IEA) annually, electric vehicle sales increased by 35 percent in the first quarter of 2025, while total electric vehicle sales are expected to exceed 20 million this year.
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