Applications: EV

PHEV & EREV Market Share Erodes in China The predominant market for EREVs is China, although US (and to lesser extent European) OEMs plan to launch EREV models. While PHEV and especially EREV have seen massive growth between 2023 and 2024, in 2025 the market share slightly decreased, being replaced by growing pure BEV sales. BEV Battery Electric Vehicle PHEV Plug-In Hybrid Electric Vehicle EREV Extended Range Electric Vehicle

Share of PHEVEREV share of total NEV sales in China

Year

EV total

9.5 million

12.9 million

14.8 million *

PHEV (w/o EREV

2.3 2.5 million

3.98 million

4.18 million *

EREV

0.3 0.5 million

1.17 million

1.08 million *

Source: 1 BloombergNEF DIstinguished Partner), 2 IEA Global EV Outlook 2025, 3 Oxford Energy, 4 CEIC, 5 Autovista24, *data up to November 2025

Extracted from the PDF; charts and images may read imperfectly.