Visualizing Chinese EV Market Share Overseas

Bruno Venditti
2025-02-28 20:36:00
www.visualcapitalist.com

Visualizing Chinese EV Market Share Overseas

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

China is the undisputed global powerhouse of the EV industry, leading in both domestic sales and overall production. Chinese brands were responsible for 62% of EV global sales in 2024.

This graphic shows the presence of Chinese electric vehicles in other countries, considering total EV sales and market share.  This data comes exclusively from Rho Motion’s EV Sales Quarterly Outlook, as of 2024.

Affordable EVs

As the global EV market has expanded, in 2024, over 17 million units were sold. Chinese manufacturers have aggressively pursued international opportunities, offering affordable vehicles that often undercut local competitors.

However, market access has varied significantly across regions. The U.S. and Canada are the only markets where Chinese-made EVs have no presence. The U.S. has taken a firm stance against Chinese EVs, imposing a 100% tariff in 2024, and more recently enacting laws banning Chinese technology in EVs on U.S. roads. Given its deep economic ties with the U.S., Canada followed suit with identical tariffs.

Country	Total EV Sales	Chinese Market Share
U.S.	1,540,354	0%
Germany	577,630	4%
UK	571,141	7%
France	464,589	5%
Canada	246,424	0%
Belgium	192,560	3%
Netherlands	190,784	6%
Sweden	165,256	5%
Norway	126,088	9%
Brazil	125,624	82%
Spain	122,375	10%
Italy	121,889	6%
Japan	114,129	2%
Australia	113,511	26%
India	104,426	23%
Denmark	103,202	8%
Mexico	95,282	70%
Thailand	77,250	77%
Portugal	72,070	8%
Israel	69,595	64%
Switzerland	68,407	1%
Austria	63,717	11%
Indonesia	43,202	75%
Finland	37,881	2%
Ireland	30,105	9%
Singapore	29,521	26%
Malaysia	21,798	52%
Nepal	12,705	74%
New Zealand	10,027	15%
Chile	5,604	42%

Europe, by contrast, has been more open to Chinese EVs but remains cautious about protecting its domestic automotive industry. In 2024, following an anti-subsidy investigation, the EU introduced variable BEV import tariffs on specific Chinese automakers of up to an additional 35.3%.

Meanwhile, in countries without a strong domestic auto industry, Chinese EVs have rapidly gained market share. This is especially evident in neighboring Asian countries and in South and Central America, where Chinese manufacturers are expanding aggressively by beginning to build production capacity and capitalizing on the demand for affordable electric vehicles.

Learn More on the Voronoi App 

If you enjoyed this post, be sure to check out this graphic, which forecasts the number of mines that must be developed to meet the expected demand for energy transition raw materials and chemicals by 2030.

The post Visualizing Chinese EV Market Share Overseas appeared first on Visual Capitalist.

Source Link

Please read the Privacy and Security Disclaimer on how Techcratic handles your support.

Disclaimer: As an Amazon Associate, Techcratic may earn from qualifying purchases.