The global automotive industry is facing the most dramatic upheaval since the dawn of the internal combustion engine. Electric vehicles, once a niche market confined to experimental models and early adopters, are now surging into the mainstream. In 2024, global EV sales exceeded 14 million units, representing almost one in five new cars sold. Governments from Europe to Asia are setting deadlines for phasing out combustion engines, while major manufacturers are pledging all-electric fleets by the mid-2030s. For consumers, the shift is becoming visible on every road, from Tesla’s sleek models in California to BYD’s fast-rising exports from China.
