Global Passenger Vehicle Forecast by Powertrain, 2025
Overview: As the global automotive sector transitions towards electric vehicles, it is very important to have an idea of how electric vehicles will reshare the automotive sector. This report gives an idea of how alternative fuel powertrains like Battery EV (BEV), Plug-in EV (PHEV), Hybrid EV (HEV), Mild-hybrid EV (MHEV), Fuel-cell EV (FCEV) shape up in future compared to Internal Combustion Engine vehicles (ICE). The report explores the share of different powertrain across 12 regions such as China, USA, Europe, Japan, Korea, NAM-Others, SEA, Latin America, Middle East & Africa, India, Oceania and Rest of the world. The report also showcases the share of different powertrains across the 36 automotive groups like Toyota, BYD Auto, BMW, Mercedes-Benz, Hyundai-Kia, Honda, SAIC, Tesla, NIO, XPeng, Xiaomi, etc. from 2022 to 2035.
Table of Contents:
- Definition
- Assumptions
- Pivot
- Flatfile
Published Date: March 2026
Category
Industry
Automotive
Service
Automotive
Report Type
Report
Time Period
Half yearly
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Author
Abhik Mukherjee
Abhik Mukherjee is an automotive market analyst and consultant, specializing in the evaluation and assessment of leading automakers’ performance, financial metrics, and strategic approaches. Leveraging his extensive expertise in automotive trend analysis, he delivers in-depth insights, strategic analysis and industry forecasts. Before joining Counterpoint, Abhik served as an academic research analyst and holds both an M.Phil and a Master’s degree in Economics.
Greg Basich
As Associate Director at Counterpoint Research, Greg Basich focuses on the automotive industry. Prior to joining Counterpoint Research, Greg worked at TechInsights and Strategy Analytics for a combined 11 years, providing market intelligence and advisory services to companies in the automotive electronics market and related verticals. Prior to his career as an analyst, Greg was a business-to-business journalist at Bobit Business Media for 13 years, focused on automotive interiors, aftermarket electronics, and the fleet market. Greg holds a bachelor’s degree in economics from the University of California, San Diego.