The global electric vehicle industry continues to gain momentum as battery deployment reached a new record in 2025. According to the International Energy Agency (IEA), EV batteries accounted for more than 70% of all battery demand worldwide, highlighting the central role electric mobility now plays in the global energy transition.

The report shows that global EV battery deployment reached approximately 1.2 TWh in 2025, representing nearly 30% growth compared to 2024 and more than seven times the volume recorded in 2020. Passenger cars remained the largest segment, accounting for over 85% of total EV battery deployment.

At the same time, battery technology continues to become more affordable. Increased manufacturing capacity, improved production efficiency and stronger competition have contributed to lower battery prices, helping manufacturers offer electric vehicles at increasingly competitive prices. Lower battery costs are expected to remain one of the key drivers of future EV adoption.

Growing battery production is also supporting the expansion of charging infrastructure. As more affordable electric vehicles enter the market, demand for reliable AC and DC charging solutions continues to increase across Europe. Businesses, municipalities and commercial property owners are investing in charging infrastructure to prepare for the growing number of EV drivers.

The IEA expects electric mobility to continue expanding over the coming years, making investment in charging infrastructure increasingly important for supporting Europe's transition to cleaner transport.

Source: International Energy Agency – Global EV Outlook 2026

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