Electric Vehicles - EU-27 | Statista Market Forecast

The Electric Vehicles market in the EU-27 is projected to reach a revenue of US$191.5bn in 2025. It is expected to show an annual growth rate (CAGR 2025-2029) of 11.01%, resulting in a …

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Electric Vehicles - EU-27 | Statista Market Forecast

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The Electric Vehicles market in the EU-27 is projected to reach a revenue of US$191.5bn in 2025. It is expected to show an annual growth rate (CAGR 2025-2029) of 11.01%, resulting in a …

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Battery Electric Vehicles - EU | Statista Market Forecast

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The Battery Electric Vehicles market in the EU-27 is expected to generate a projected revenue of US$118.7bn in 2025. This is based on the anticipated annual growth rate (CAGR 2025-2029) …

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Plug-in Hybrid Electric Vehicles - EU | Market Forecast - Statista

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The Plug-in Hybrid Electric Vehicles market in in European Union (EU27) is projected to grow by 12.08% (2025-2029) resulting in a market volume of US$114.9bn in 2029.

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Passenger Cars - EU-27 | Statista Market Forecast

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The Passenger Cars market in in European Union (EU27) is projected to grow by -0.52% (2025-2029) resulting in a market volume of US$386.6bn in 2029.

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Europe Electric Vehicle Market 2024-2030 - Mobility Foresights

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In Europe Electric Vehicle Market, over 150,000 public charging points were installed in 2023 across the EU reaching a total of over 630,000. ... BEVs, priced at $38.3K, dominate over …

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Electric Cars: Outlook For 2025 In Europe - Intotheminds.com

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3 days ago · Key figures and statistics for the 2024 electric vehicle market. The decline in registrations: -3.2% between 2023 and 2024, but -22.4% between 2019 and 2024. Electric car …

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Electric Vehicles - Europe | Statista Market Forecast

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The Electric Vehicles market in in Europe is projected to grow by 11.15% (2025-2029) resulting in a market volume of US$383.4bn in 2029. ... Market forecast and expert KPIs for 1000+ …

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Electric Vehicles - EMEA | Statista Market Forecast

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The Electric Vehicles market in in Europe, the Middle East, and Africa is projected to grow by 10.97% (2025-2029) resulting in a market volume of US$391.7bn in 2029.

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FAQs about Electric Vehicles - EU-27 | Statista Market Forecast Coupon?

How big is the European electric vehicle market?

The Europe electric vehicle market size was valued at USD 368.9 billion in 2023 and is projected to grow at a CAGR of 29.1% between 2024 and 2032. The EU's stringent carbon emissions reduction policies, including the 2035 ban on ICE vehicle sales, are major drivers. ...

What is the projected growth rate of electric vehicles market?

It is expected to exhibit a compound annual growth rate (CAGR) of 11.14% between 2024 and 2029, resulting in a projected market volume of US$383.4bn by 2029. By 2029, the unit sales of Electric Vehicles market in Europe are expected to reach 5.63m vehicles. ...

Are electric cars still being sold in Europe?

More than half of the vehicles sold in European markets, including the UK, were electric in 2024, surpassing the sales of diesel automobiles for the first time. The number of battery electric vehicles sold in Western Europe reached an all-time high. ...

What is the electric vehicle market?

The Electric Vehicle market is divided into distinct two distinct markets, namely Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). This categorization allows for a nuanced understanding of the market dynamics, considering the specific attributes and market penetration of each electric vehicle type. ...

Is the European electric vehicle market a good opportunity for Chinese automakers?

The European electric vehicle market grew steadily in the previous years, up 17 percent between 2022 and 2023, making it an attractive opportunity for Chinese automakers. While Chinese brands represented less than 10 percent of the EU’s fully electric vehicle market, over two in 10 BEVs sold in the European Union in 2023 were manufactured in China. ...

Are European EV manufacturers still able to raise output and cut prices?

Schmidt said European manufacturers aren’t yet capable of raising output and cutting prices. Chinese EV-makers are said to have a 30% price advantage over Europeans. UBS said the decisions to cut EV targets will protect near-term profit margins, but risk widening the gap with technology leaders from China, and Tesla. ...