February 2025 EV Market Update: Positive Growth in New Zealand and Worldwide
EV market share was 15.1% of new light passenger vehicle sales in February 2025. Most popular: Polestar 2, Tesla Model Y, BYD Atto 3, Mercedes-Benz EQE, Tesla Model 3
February 2025 EV Market Update: Positive Growth in New Zealand and Worldwide
Electric vehicles (EVs) continue to grow in popularity across New Zealand, highlighting a strong shift towards sustainable transport. Let's take a closer look at the key EV statistics and trends from February 2025, alongside global developments.
February 2025 New Zealand EV Statistics
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Battery electric vehicles (BEVs) accounted for 7.9% of new light passenger vehicle registrations (up from 7.0% in January).
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Plug-in hybrids (PHEVs) represented 7.2% of new registrations (up from 3.5% in January).
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Combined, EVs reached 15.1% of all new light passenger vehicle sales.
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New Zealand now has 121,621 EVs on the road, consisting of 85,191 BEVs and 36,430 PHEVs, which is 2.50% of the total vehicle fleet.
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Most popular EVs in February:
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Polestar 2
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Tesla Model Y
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BYD Atto 3
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Mercedes-Benz EQE
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Tesla Model 3
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New Zealand EV Trends & News
The positive shift towards electric vehicles in New Zealand continues, driven by:
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Government support to expand charging infrastructure, aiming for 10,000 public EV chargers by 2030.
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Growing acceptance and enthusiasm among Kiwis, with businesses increasingly transitioning to electric fleets.
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More EV models becoming available at various price points, helping to meet diverse consumer needs.
Global EV Trends & News
The worldwide picture for EVs remains very encouraging:
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Around 11.5% of all new global vehicle sales are expected to be electric by the end of 2025.
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China continues to lead globally, with strong government incentives and growing EV sales.
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Europe is rapidly expanding EV adoption, driven by strict emissions standards and incentives.
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Significant technological advancements in battery performance, allowing longer ranges and faster charging times, are boosting global EV adoption.
With EVs becoming more accessible and practical than ever before, now is an ideal time for Kiwis to make the switch to electric.
Source: Ministry of Transport / Xube Energy