← PANGEAS Momentum Index
Data-grounded2025 full-year data

Electric Mobility

The volume leader and the adoption-rate leader are different countries.

Global EV sales topped 20 million units in 2025, over 25% of new car sales worldwide. China leads by volume; Vietnam leads by adoption rate among larger markets; the U.S. lags at 7.3% share.

Standings

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China

The dominant market by volume — roughly half of all new car sales in China are now electrified, making it majority-EV on new-car sales.

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Vietnam

Doubled its EV sales share since 2024 to reach close to 40% of new car sales in 2025 — overtaking the UK and the EU average for adoption rate, the fastest-moving major market by percentage.

🥉
United Kingdom

Roughly 473,000 fully electric cars registered in 2025, 23.4% of all new UK car sales — ahead of the broader EU average and far ahead of the U.S.’s 7.3%.

Key facts

  • Global plug-in EV sales surpassed 20 million units in 2025, >25% of new car sales IEA Global EV Outlook 2026
  • Vietnam reached ~40% EV sales share in 2025, overtaking the UK and EU average Ember Energy
  • U.S. EV market share was 7.3% in 2025, versus 23.4% in the UK S&P Global Mobility

How this ranking was determined

Ranked to surface both dimensions that matter — sheer volume (China) and adoption rate (Vietnam, UK) — rather than volume alone, since a volume-only ranking would bury the more interesting "fastest-mover" story.