Resources & References

Comprehensive collection of data sources, tutorials, and industry insights

Primary Data Sources

Authoritative sources for EV market data and analysis

General Information Resources

Key resources for understanding EV markets and technology

Battery Technology Guide

Comprehensive overview of lithium-ion, LFP, and solid-state battery technologies driving the EV revolution.

Explore battery tech

Manufacturing Insights

Analysis of EV production methods, supply chains, and the shift from traditional automotive manufacturing.

Learn production strategies

Market Forecasts

Expert projections for EV adoption rates, market share, and technology trends through 2030 and beyond.

View forecasts

Global Policy Tracker

Explore the atabase of EV incentives, regulations, and mandates across major markets worldwide.

Track policies

Charging Infrastructure

Public chargers have doubled since 2022 to reach more than 5 million

Understand charging

Cost Analysis Tools

The TCO provides a way to calculate, and then fairly compare, the costs of owning and operating a vehicle over a period of time.

Calculate costs

Tutorials & Guides

Step-by-step guides for analyzing and understanding EV market data

How to Analyze EV Market Data

Learn to interpret sales figures, market share, and growth trends in the EV industry.

  • 1 Understand the difference between BEV, PHEV, and EREV technologies

    Begin by distinguishing among battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and extended-range electric vehicles (EREVs). A precise understanding of these categories is essential for accurate market segmentation.

  • 2 Identify reliable data sources for your target markets

    Select authoritative and transparent data sources to ensure the credibility of your analysis. Reliable information forms the foundation for meaningful comparisons across regions.

  • 3 Calculate market share and year-over-year growth rates

    Quantify performance by determining each segment's market share and tracking changes over time. These calculations highlight both growth trajectories and competitive positioning.

  • 4 Account for seasonal variations and policy impacts

    Incorporate the influence of seasonal demand cycles and government regulations into your analysis. Recognizing these external drivers allows for a more accurate interpretation of sales fluctuations.

  • 5 Create meaningful comparisons across markets and segments

    Compare results across regions, technologies, and consumer groups to reveal key differences in adoption. These insights will help identify emerging opportunities and long-term industry trends.

Expected growth of Global EV Sales

Expected growth of global EV sales
Projected growth of global EV sales from 2023 to 2033

EV Industry Glossary

Essential terms and definitions for understanding the global electric vehicle market

BEV (Battery Electric Vehicle)
Fully electric vehicles powered solely by battery packs, with no internal combustion engine. Examples include Tesla Model 3 and BYD Han EV.
PHEV (Plug-in Hybrid Electric Vehicle)
Vehicles equipped with both a battery and a combustion engine. They can drive on electricity alone for short ranges, then switch to hybrid mode for longer trips.
EREV (Extended Range EV)
Electric vehicles with a small internal combustion engine that acts only as a generator to recharge the battery. The engine never directly drives the wheels.
ICE (Internal Combustion Engine)
Traditional gasoline or diesel-powered engines that generate power through fuel combustion. EVs are designed to replace or supplement ICE vehicles.
EV Penetration Rate
The percentage of new vehicle sales that are electric. For example, in 2024, EVs made up roughly 25% of new car sales in China.
YTD (Year-to-Date)
A cumulative total from the start of the year up to the current date. For example, BYD’s 3.7 million YTD sales represent all units sold since January.
LFP Battery (Lithium Iron Phosphate)
A battery type offering high safety, long cycle life, and lower costs compared to nickel-based lithium-ion batteries, though with reduced energy density.
NACS (North American Charging Standard)
Tesla’s charging connector, now widely adopted as the U.S. standard for EV charging infrastructure.
Battery Swapping
A system where EV drivers replace a depleted battery with a fully charged one in minutes, pioneered by companies like NIO in China.
TCO (Total Cost of Ownership)
The overall cost of owning a vehicle, including purchase price, energy use, maintenance, insurance, and depreciation across its lifespan.
V2G (Vehicle-to-Grid)
Technology that allows EVs to send stored electricity back to the grid, turning cars into mobile energy storage systems.
Regenerative Braking
A system that converts kinetic energy from braking into electricity, which recharges the battery and improves efficiency.