Key trends in EVs in 2024 and what to look for in 2025
2024 was a fascinating year in the electric vehicle industry. While some of what we had expected to happen did occur and global EV sales were broadly in line with our forecasts at +26% (vs our estimate of +25%) there were a lot of developments under the hood of the industry which are likely to impact raw materials demand in coming years. In this month's Feature, we analyse some of the key industry trends that occurred during 2024, as well as their causes and drivers. We then discuss the positioning of electric vehicles in the global auto industry. We explain...
Topics
2024
2025
Batteries
BEVs
Cells
China
EREVs
Europe
EVs
LFP
Outlook
PHEVs
ROW
Technology
Ternary
US
