Story perspectives

BEVs to Dominate 60% Market Share by 2035

9/18/2025

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Summary

Story summary

Battery-electric vehicles (BEVs) are set to capture 15% of the global automotive market by 2025 and 60% by 2035, per a Strategy& study.
In early 2025, BEVs held a 15.6% market share in Europe.
The study anticipates battery technology advancements, allowing 80% charge in 10 minutes by 2030.
U.S. BEV sales may reach 32% by 2035, with hybrids as a transitional option.
Europe faces regulatory and supply chain challenges in BEV adoption.
The global hydrogen market is projected to grow to USD 312.90 billion by 2030, fueled by low-emission energy solutions.

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Story summary

Battery-electric vehicles (BEVs) are set to capture 15% of the global automotive market by 2025 and 60% by 2035, per a Strategy& study.
In early 2025, BEVs held a 15.6% market share in Europe.
The study anticipates battery technology advancements, allowing 80% charge in 10 minutes by 2030.
U.S. BEV sales may reach 32% by 2035, with hybrids as a transitional option.
Europe faces regulatory and supply chain challenges in BEV adoption.
The global hydrogen market is projected to grow to USD 312.90 billion by 2030, fueled by low-emission energy solutions.