Global EV Momentum Accelerates
The latest news from the electric vehicle (EV) industry paints a picture of a rapidly maturing global market, marked by record sales, aggressive price competition, and the arrival of new technologies and models. Across the continents—from Norway’s near-total electrification to Australia’s steady adoption, Germany’s growing fleets, and fresh developments in China’s and Europe’s EV markets—the shift toward electric mobility is now more visible than ever.
In Norway, the electric revolution is approaching completion. In November, an astounding 97.6 percent of new car sales were fully electric, according to the latest registration data. The dominance of battery electric vehicles (BEVs) in Norway is unmatched anywhere else, reflecting more than a decade of bold government incentives, infrastructure investment, and consumer enthusiasm. Tesla once again came out on top, with the Model Y firmly leading the pack, underscoring its ongoing global grip on EV markets.
This Norwegian success story demonstrates how robust charging infrastructure and consistent policy support can sustain mass-market EV penetration. Almost all new vehicles sold were electric, a milestone that represents the culmination of years of work and positions Norway as a global blueprint for full-scale decarbonisation of road transport.
Tesla and Polestar Rise Together
Tesla’s recent gains were not limited to Scandinavian shores. November sales data indicated a renewed surge worldwide, with Tesla’s Model Y continuing to command the lion’s share of deliveries in multiple regions. At the same time, Polestar—the Swedish performance brand backed by Geely—recorded a noteworthy upswing in market share. Despite its smaller production volume, Polestar’s momentum highlights the growing appetite among consumers for diversified EV design and technology options.
In Australia, new monthly figures confirmed that Tesla remains the top-selling EV brand, yet the market overall continues to fragment. Polestar, BYD, and an increasing array of Chinese and European marques are all deepening their foothold. Data from local reports showed robust sales momentum through 2025, aligned with expanding consumer confidence and a maturing charging network.
Australia’s Expanding EV Market
Australia’s EV market saw steady progress throughout 2025, as monthly breakdowns revealed consistent double-digit growth compared to the year before. Governments have offered rebates and charging incentives in several states, and more models are hitting the roads than ever. This variety marks a turning point away from a Tesla-dominated narrative toward a more competitive, consumer-driven market.
Yet price sensitivity remains an obstacle. While local sales are improving, the average EV price still sits higher than equivalent internal combustion alternatives. That is where brands like BYD and Geely are carving out new opportunities.
BYD’s Aggressive Expansion
In an increasingly intense market battle, BYD has upped the stakes by increasing cashback offers on its best-selling models in Australia. Boosting buyer incentives by up to $4,000, the move underscores how the Chinese manufacturer is anxious to maintain momentum against Tesla during a critical sales window. BYD’s expanding distribution network and affordable pricing strategy have propelled it to become one of the top challengers globally, frequently trading the number-two and number-three positions in EV sales volume with major Western contenders.
Such aggressive pricing is part of a wider trend: as the cost of battery cells declines and efficiency improves, EV makers have more room to maneuver on pricing while maintaining profit margins. For consumers, this means an increasingly accessible electric lineup across multiple price brackets.
New Entrants and Technological Momentum
The feed also highlighted Geely’s EX2, a compact electric hatchback aiming to dominate emerging right-hand drive markets with starting prices around $A19,000—a figure unthinkable for most EVs just five years ago. Geely’s push toward affordability and practicality may represent the next stage of mass-market EV evolution. As more brands explore price points once dominated by combustion engines, the economic argument for electric mobility continues to strengthen.
Meanwhile, Tesla’s FSD (Full Self-Driving) Supervised program has now reached Europe, although in an early and limited rollout allowing only passenger demonstrations for now. The introduction of this technology to European markets indicates a readiness to test autonomous systems under stricter regulatory scrutiny. Tesla has long faced both enthusiasm and skepticism regarding its self-driving claims, and European acceptance will depend heavily on transparency, oversight, and demonstrated safety improvements.
Germany Nears 2 Million Electric Vehicles
Germany continues to climb toward its electrification goals, with nearly 2 million electric cars now registered on its roads. Despite the impressive progress, the country still faces challenges in meeting long-term climate targets for 2030. Slower-than-planned adoption among non-urban consumers and waning government subsidies have raised questions about how soon battery-electric options can replace traditional vehicles at scale. Nonetheless, Europe’s largest car market remains a hotbed of EV innovation, hosting major developments from Volkswagen, BMW, Mercedes, and newcomers alike.
Reviews and Perspectives: Deepal’s Challenge
Among the latest reviews was an in-depth look at Deepal’s S07—a sleek, new entrant that has been praised for its smooth handling and solid range. Reviewers noted its comfortable drive and spacious interior but questioned whether it offers enough innovation to stand out in an increasingly crowded field. As the industry becomes saturated with models that check most of the expected boxes, differentiation will hinge on user experience, connectivity, and long-term reliability.
Looking Ahead
Together, these updates underscore an electric mobility landscape that is simultaneously consolidating and diversifying. Tesla remains the benchmark, but challengers—from Polestar’s premium designs to BYD’s cost-conscious strategy—are redefining the competitive playing field. Consumer access to models under $20,000, such as Geely’s EX2, could finally break down the last barriers to universal adoption.
Across regions, the key trends converge: affordability is improving, infrastructure is spreading, and consumer trust is solidifying. By the close of 2025, the global EV transition appears not only inevitable but irreversible, as governments, automakers, and drivers align on a cleaner, smarter transportation future.
All EV Sales Research Team
12/2/2025
