In February, the global electric vehicle (EV) market experienced a significant upturn, primarily fueled by an astounding 76% increase in sales within China. According to data from Rho Motion, worldwide sales of battery-powered EVs and hybrids reached 1.2 million units, marking a 50% rise compared to the same period last year. This surge highlights the growing dominance of China in the EV sector, with approximately three-quarters of these sales occurring there. The trend indicates a shift towards pure electric vehicles, especially as European and American markets introduce import barriers to counteract Chinese influence.
The remarkable growth in China's EV sector can be attributed to several factors. In the first two months of 2025, which coincided with the Lunar New Year—a time when consumer spending typically peaks—sales increased by 35%, reaching 1.4 million units. This accounted for roughly 60% of global sales during this period. The enthusiasm for electric vehicles was particularly evident in the surge of new models introduced by manufacturers such as BYD, Xiaomi, Xpeng, and Zeekr. These offerings have encouraged consumers to move away from petrol-electric hybrids and fully embrace electric mobility. Battery-driven EV sales in China grew by 46%, while plug-in hybrid sales increased by only 22%, indicating a slower pace than the previous year.
Charles Lester, the data manager at Rho Motion, noted that much of the recent growth in EV sales comes from China, where there has been a resurgence in interest in pure electric vehicles. This contrasts with the preference for hybrids seen in 2024. The introduction of innovative models has played a crucial role in driving this trend, with Chinese manufacturers leading the charge. The impact of these developments extends beyond domestic markets, influencing global trends in the automotive industry.
The rapid expansion of China's EV market underscores its pivotal role in shaping the future of transportation. As other regions implement measures to limit the influx of Chinese-made vehicles, the country continues to dominate sales both domestically and internationally. The shift towards electric vehicles is not just a local phenomenon but a global one, with China at the forefront of this transformative movement. The coming months will likely see further advancements in technology and policy changes that could reshape the entire automotive landscape.
Toyota Motor Europe NV/SA plays a pivotal role in overseeing the sales, marketing, and manufacturing operations across Europe. The company has made significant investments and employs thousands of people while contributing to the continent’s automotive landscape. With an extensive network of dealerships and vehicles on the road, Toyota continues to innovate with its commitment to sustainability and reducing carbon emissions. In 2024, Toyota sold over 1.2 million vehicles in Europe, holding a market share of 7.1%. Beyond sales figures, Toyota envisions a future where mobility is safer, more inclusive, and environmentally friendly.
The brand aims to achieve carbon neutrality through innovative solutions such as its KINTO mobility services and business-to-business offerings focused on zero-emission technologies. As part of its global mission for "Happiness for All," Toyota strives to make mobility accessible to everyone while aligning with the UN Sustainable Development Goals. By 2035, Toyota plans to eliminate CO2 emissions from all new vehicles in Western Europe, continuing its legacy as a leader in reducing greenhouse gases.
Toyota Motor Europe oversees critical aspects of the company's presence in the region, including vehicle sales, parts distribution, engineering advancements, and manufacturing efforts. Since 1990, Toyota has invested billions into Europe and created tens of thousands of jobs. Eight state-of-the-art manufacturing facilities are spread throughout several countries, ensuring high-quality production close to consumers. This vast infrastructure supports Toyota's expansive reach, with millions of vehicles currently in use across the continent.
In addition to its robust manufacturing capabilities, Toyota maintains a network of nearly 2,800 retail outlets and collaborates with 28 national marketing organizations. These partnerships enable Toyota to provide exceptional service and support to drivers in over 50 countries. In 2024 alone, Toyota achieved impressive sales numbers, reflecting strong consumer trust and demand. Through continuous innovation and strategic planning, Toyota remains at the forefront of Europe's automotive industry, balancing growth with environmental responsibility.
Toyota's vision extends beyond selling cars; it focuses on creating sustainable mobility solutions that enhance lives. The launch of the KINTO brand demonstrates Toyota's dedication to offering flexible mobility options tailored to modern lifestyles. Additionally, Toyota actively promotes business-to-business initiatives centered around fuel cell technology, fostering collaboration for greener transportation alternatives.
Aligned with global sustainability goals, Toyota commits to achieving carbon neutrality by minimizing its environmental footprint across operations. As a pioneer in reducing CO2 emissions, Toyota sets ambitious targets to phase out carbon emissions entirely from new vehicles in Western Europe by 2035. To accomplish this, Toyota provides customers with diverse electrified powertrain choices, ranging from hybrid models to advanced fuel cell electric vehicles. By combining technological advancement with social responsibility, Toyota aims to create a world where mobility empowers individuals and contributes positively to society.