Global electric vehicle sales reached a record 17 million units in 2024, up 25% year-over-year, and have continued explosive growth into 2025 with a 29% increase in Q1 alone. However, persistent challenges, including range anxiety, charging infrastructure gaps, thermal runaway risks, and battery degradation, continue to limit broader adoption. Meanwhile, regulatory pressures, including the EU’s 2035 ban on ICE vehicles and China’s expanding EV mandates, are forcing automakers to accelerate innovation timelines while managing supply chain volatility and battery material shortages.
These challenges are creating massive opportunities for companies that can spot the right trends early. Our upcoming trend report explores the key developments reshaping the EV industry, offering valuable insights to guide your R&D strategies and keep you ahead of shifting market demands.
29%
increase in global EV sales in Q1 2025 alone
17 million
electric vehicles sold globally in 2024
5.6 million
EVs sold globally year-to-date through April 2025
What’s Inside the Report?
Breakthrough Innovation – Discover how industry leaders like Tesla, Toyota, Hyundai, Ford, Mercedes-Benz, and emerging tech companies are tackling the most critical challenges in EVs through solid-state batteries, dynamic wireless charging, and advanced fire suppression systems.
Innovative Technologies – Identify the latest solutions, including Hyundai’s road-condition adaptive wireless charging, Toyota-Denso’s outage-resistant contactless power systems, Mercedes’ personalized charging station recommendations, Honda-Maxell’s columnar electrode designs, and Huawei’s real-time thermal runaway monitoring that enhance performance while addressing safety concerns.
Real-World Results & Applications – See how innovations like AI-powered remaining useful life prediction achieving 95% accuracy, stress deformation monitoring preventing battery failures, Ford’s cloud-based sustainability scoring, Henkel’s fire-resistant composites, and digital twin battery management systems are revolutionizing EV safety and user experience.
Partnerships & Expansion – Explore how strategic collaborations between automotive giants and tech companies, wireless charging infrastructure partnerships, battery safety material suppliers, and AI diagnostic specialists are accelerating innovation adoption and scaling next-generation EV solutions globally.
Regulatory Insights – Navigate the evolving landscape, including the EU’s 2035 combustion engine phase-out, China’s expanding EV quotas, battery recycling mandates, fire safety standards, and emerging wireless charging regulations that impact EV development strategies and market positioning.
These innovations are solving range anxiety, addressing safety concerns, optimizing charging infrastructure, and creating electric vehicles that deliver superior performance while meeting stringent regulatory requirements and consumer expectations for reliability and sustainability. Sign up now to gain exclusive access to our comprehensive report on breakthrough innovations in electric vehicles!
