Electric Car Sales Are Predicted To Increase Drastically In 2025, This Is The Factor

BYD M6. (Photo: BYD)

JAKARTA - The electrification trend will continue to grow next year, even sales of electric vehicles, according to industry analysts, could grow by 30 percent, although various automakers are reducing electrification plans.

Citing from the Carscoops page, the analysis, based on experts at S&P Global Mobility, estimates that sales of battery-powered electric vehicles will reach 15.1 million units next year, up compared to this year's estimated 11.6 million units.

It is stated that growth will vary greatly from one region to another, according to the study, and will be influenced by many factors including government policies, tariffs and incentives, plus of course the availability of appropriate charging infrastructure.

The study, which was conducted, also revealed that the market share of electric cars will grow globally, where this year only reached 13.2 percent, and next year it could reach 16.7 percent.

If in more detail, India's automotive market will continue to grow and is estimated to only account for 7.5 percent of total four-wheel sales. It was also stated that the increase reached 117 percent year-on-year.

Apart from India, the United States market is also predicted to grow to even reach 36 percent year-on-year (for next year). Meanwhile, the market share has reached 11.2 percent globally. However, this projection could be influenced by what Donald Trump plans regarding electric vehicle tax credit.

In addition, the Chinese market, which has always been the main market for electric cars, will even grow where the market share reaches 29.7 percent. However, because the market share is already very large, the growth rate is not as fast as in other areas, analysts estimate the trend of electric vehicles in China is still continuing due to the oversupply of models.

China's achievement outperforms the European market share which is predicted to be at 20.4 percent. However, for the European market share, it can be higher depending on sales in the West and Central regions.