<2026.1H> Global xEV Market and Battery Supply & Demand Outlook (~2035)_DB ver.
*Provided in EXCEL format
The North American EV market recorded a
decline in the fourth quarter, as previously anticipated.
In the fourth quarter of last year, EV (BEV
+ PHEV) registrations in the United States reached approximately 252 thousand
units, marking a 43.2% decline compared to about 440 thousand units registered
in the same period of the previous year.
The main cause was the early termination of
EV tax credit policies under the second Trump administration. Through
legislation named the “One Big Beautiful Bill,” the United States discontinued
EV tax credit benefits starting in 4Q ’25, which had originally been scheduled
to continue until the early 2030s. As a result, the global EV market, which had
been growing by more than 24% YoY in quarterly figures during ’25, recorded
only 8.4% growth in the fourth quarter.
Due to policy changes in major automotive
markets such as the United States, the EV market has become increasingly
difficult to predict. In this report, SNE Research analyzes and quantifies the
evolving dynamics of the EV market, which continues to grow despite ongoing
uncertainties. The report presents data-driven projections reflecting various
scenarios, including the possibility of renewed growth in the U.S. market
toward the end of the Trump administration.
We hope that this report, reflecting key developments in the EV market, will be
helpful to industry stakeholders.
Contents
1. Car Total
2. EV & Battery by Type
2.1 NCMvsLFP
2.2
LV Electrification Outlook
2.3
LV data by OEM
2.4
OEM LV forecast by Region
2.5
OEM LV forecast by Cathode
3. EV & Battery by
4. EV Portion by Region
4.1 EV Portion by Region
4.2 LV Car EV Portion by Region
4.3.1 LV Car EV Portion_USA
4.3.2 LV Car EV Portion_NA
4.3.3 LV Car EV Portion_EU
4.3.4 LV Car EV Portion_CN
4.3.5 LV Car EV Portion_JP
4.3.6 LV Car EV Portion_KR
4.3.7 LV Car EV Portion_Asia
4.3.8 LV Car EV Portion_Others
5. Bus by Region Summary
5.1 Bus by Region Summary
6. Truck by Region Summary
6.1 Truck by Region Summary
7. Battery Market forecast
7.1 EV average Battery Capa
7.2 Battery Price forecast
7.3 Battery Market forecast
8 Battery Demand & Supply
8.1 Battery Supply
8.2 Battery Prod by Region
8.3 ESS Market forecast
8.4 Demand & Supply
8.4.1 Demand & Supply(China
8.4.2Demand & Supply(Non China)
8.4.3 Demand & Supply(Europe)
8.4.4 Demand & Supply(NAme)
[ Appendix ]
PV by Region
Truck by Region
Bus by Region
Battery Design Capa