The Brazil electric vehicle market generated a revenue of USD 2,355. 3 million in 2024 and is expected to reach USD 14,810. 3 million in 2024. . The market exhibits a clear consumer preference shift towards plug-in hybrid electric vehicles (PHEVs) over battery electric vehicles (BEVs), with PHEV sales experiencing a significant growth rate. The country's growth is driven by government incentives for EV adoption, expanding charging infrastructure, and increasing consumer. . Despite limited infrastructure and high import taxes, Brazil is experiencing a growing demand for electric vehicles due to increasing environmental awareness and government incentives.
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Customs and tax exemptions, introduced in recent years, have made electric vehicles more affordable for the average consumer. This dramatic shift reflects the country's commitment to sustainable transportation and its ambitious goal of having 30% of all vehicles on its roads be. . Jordan's automotive market is undergoing a dynamic transformation, driven by a remarkable surge in electric vehicle (EV) adoption. While small in regional scale, Jordan has emerged as a leader in EV penetration across the Middle East, offering compelling opportunities for U.
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Market demand for EVs in Jordan is growing, driven by government support and increasing consumer interest. Despite the economic benefits of EVs, such as lower fuel and maintenance costs, high initial purchase costs remain a barrier. Addressing these cost challenges through subsidies and financing options is essential to sustaining market growth.
Widespread EV adoption would lead to significant reductions in greenhouse gas emissions and improvements in air quality, particularly in densely populated cities like Amman. Cleaner air has direct public health benefits, reducing respiratory and cardiovascular illnesses caused by vehicle emissions.
The EV market in Jordan is currently growing, yet further incentives and financing options are needed to make EVs more affordable for a broader segment of the population. Additional measures such as low-interest loans and leasing programs can lower the financial barriers associated with EV ownership.
The advantages of EVs on the Jordanian economy are evident. According to the Jordan Free Zone Investor Commission, 34,902 EVs have been cleared during the January-November period of 2023, marking a 140 per cent increase compared with the same period last year.
By the end of 2024, South Africa had 3,543 registered passenger EVs, worth about R2. . and manufacturing equipment. It highlights the investment opportunities in the electric vehicl l and international investors. The four key investment sectors in the EV market are: Electric passenger vehicles, electric buses, electrification of freight and logistics, and electri grow, albeit from. . for EV and hydrogen vehicle manufacturing and related R&D.
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Market Dominance Solidified: China's electric vehicle market has achieved unprecedented scale in 2025, controlling over 70% of global EV production with domestic sales exceeding 11 million vehicles in 2024, while market penetration has skyrocketed from 6. . BYD, the leading Chinese electric car company, reported January sales that marked a nearly two-year low. As car sales in the first two months of a year can be volatile for China, analysts are watching to see whether figures for the first quarter point to a significant slump. Electrification and smart technologies have gained momentum, especially in the past five years, and lessons from the Chinese market can be extracted for. . They now represent the majority of the new car market, surging to 51% market share. The majority of the world's electric vehicles (BEVs and PHEVs) are both built and sold in China. Driven by aggressive state support, China claimed 53. 34 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 15. 58% during the forecast period (2025 - 2035).
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Kazakhstan saw a 36-fold rise in the sale of Chinese EVs in 2024, with projections reaching 40,173 vehicles by 2035. While some Western countries imposed tariffs to curb Chinese EV imports, Central Asia embraced them, offering tax breaks and facilitating local production. With the increasing awareness of environmental protection and sustainable development, the electric vehicle and charging market in Central Asia is experiencing a series of. . Current EV Market Landscape & Charging Demand in Kazakhstan As Kazakhstan pushes toward green energy transition (per its Carbon Neutrality 2060 target), the electric vehicle (EV) market is experiencing exponential growth. In 2023, EV registrations surpassed 5,000 units, with projections indicating. .
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Chinese brands accounted for 16% of Europe's electrified car market in December, and 11% for all of 2025, more than doubling from 2024. Chinese automakers built nearly one in 10 passenger cars sold in Europe last month, a record share that caps a year of rapid growth led by brisk sales of hybrid and battery-powered vehicles. Financial. . If by 2027 the share of Chinese electric cars reaches 25%, German factories will be forced to halt assembly lines.
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