VFBATTERY REPORT

Applications: EV

Pages 130–181 (52 pages)

Battery Report 2025, page 143: Applications: EV
Text on page 143

Changes in Full Electrification Target Timelines by Each OEM In 2025, the main shift in EV commitments was from date-certain, BEV-only endpoints toward hybrids/plug-in hybrids as stepping stone, implementing more flexible phase-outs, and reduced near-term BEV ramp rates. There were also delayed launches, driven by demand softness, profitability pressure, and policy/incentive uncertainty. OEM

Earlier Commitment

2025 Status / Adjustment

Audi

No new ICE launches 2026; full ICE exit by 2033

Fixed 2033 phase-out removed; ICE & PHEV continue based on market

Mercedes-Benz

EV-only where possible by 2030; electric platforms from 2025

EV-only sales ambition reset; some 2025 electric platforms retained

Volvo

100% BEV sales by 2030

BEV-only 2030 target dropped; hybrids retained

Stellantis

100% BEV passenger cars in Europe by 2030

100% BEV-by-2030 no longer pursued

Ford

Aggressive BEV scale-up

Major EV reset; cancelled models, hybrids prioritized, EREVs

General Motors

End ICE light-duty sales by 2035

Long-term goal intact; near-term EV ramp slowed

Honda

30% BEV sales by 2030

2030 EV share reduced to 20%

Toyota

3.5M BEVs by 2030

EV volumes reduced/delayed; to continue strong hybrid focus

Jaguar Land Rover

Jaguar all-electric brand

Direction impact; BEV launches delayed

Hyundai Motor Group

Strong BEV growth toward 2030

Target reframed as “electrifiedˮ (incl. hybrids)

Source: Company announcements

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

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