The momentum has started already. Photo credit – Pixabay

Chinese demand could create 125 million EVs worldwide by 2025

The global electric vehicle market, kick-started with extraordinary demand in China, is set to supply 125 million vehicles within the next decade.

That’s according to the latest industry forecasts.

The momentum has started already.

British sales of electric cars are up by 11 percent year on year, news which has been warmly received by environmental campaigners.

Whilst that’s an impressive gain, it needs to be compared to Chinese figures to truly comprehend how quickly this technology is being adopted in China.

Over the last year, there was a 154 percent increase in electric car sales in the country, meaning that over 140,000 vehicles featuring the environmentally friendly technology were sold.

Interestingly, that figure doesn’t just comprise cars. Trucks, lorries and vans are included too – meaning that as the technology evolves in China then supply chains around the world could eventually be environmentally transformed.

The news comes after we reported in March that the Chinese government has revealed plans for greater standardisation amongst electric car manufacturers and models.

Apparently, initial efforts will focus on battery design and recharging solutions, seeking common standards.

In the future, fuel consumption as well as other systems might also be considered for standardisation.

China is the undisputed world leader when it comes to electric car design and technology, and so standards implemented in the country seem likely to be adopted in other countries, too.