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Despite the gloom, electric vehicles remain an important automotive growth sector, and S&P Global Mobility projects global sales for battery electric passenger vehicles to post 15.1 million units for 2025, up by 30% compared to 2024 levels, accounting for an estimated 16.7% of global light vehicle sales. For reference, 2024 posted an estimated 11.6 million BEVs globally, for 13.2% market share.
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