Lexicon Labs

China’s EV and Autonomous Driving Sector in 2024-2025: Key Players, Trends, and Challenges Discover how China’s 2024 electric vehicle and autonomous driving market is reshaping global mobility. This article explores key players, cutting-edge technologies, and the policies driving EV innovation and robo-car deployment. China has firmly established itself as a global front-runner in electric vehicles (EVs) and autonomous driving technologies. As of 2024, this leadership stems from robust government policies, significant private-sector investments, and a vast consumer market eager for innovative mobility solutions. With rapid advancements in battery technology, autonomous driving systems, and connected car platforms, the Chinese automotive sector’s transformation is reshaping global perceptions of zero-emission and intelligent transportation. Market Overview The scope of China’s EV market continues to expand at a remarkable pace. According to the China Association of Automobile ...

The Global EV Market, 2025-2030: A Roadmap to the Future The electric vehicle (EV) revolution is no longer a distant dream—it’s a reality accelerating at full speed. As we approach the mid-2020s, the global EV market is poised for unprecedented growth, driven by technological advancements, policy support, and shifting consumer preferences. The period from 2025 to 2030 will be transformative, reshaping the automotive industry and paving the way for a sustainable future. In this blog post, we’ll explore the key trends, challenges, and opportunities that will define the global EV market over the next five years. We’ll also dive into the top 5 global competitors based on 2024 sales data, analyze how their offerings are differentiated, and highlight the major brands to watch out for. The Current State of the EV Market As of 2023, the EV market is thriving. Global EV sales surpassed 10 million units in 2022, accounting for over 14% of total car sales . Leading the charge are China...