agent Entrepreneur logo
MenuMENU
SearchSEARCH

EV Production Expected to Grow

2025 expectations gauged in annual survey surprising given slower demand, new U.S. policy.

March 4, 2025
EV Production Expected to Grow

Survey participants see hybrid vehicle production increasing this year for both hybrid and plug-in hybrid power trains.

Credit:

Pexels/Pixabay

1 min to read


It sounds counterintuitive, but a global survey of auto manufacturing executives and suppliers to the industry say they think electric-vehicle production will grow this year, despite predicted demand flattening.

The third annual ABB Robotics outlook survey found 75% foreseeing EV production growth, nearly a third saying they believe EV production will increase by more than 10% this year. That’s despite Trump administration moves that could dampen adoption stateside.

Ad Loading...

The optimistic survey findings were released, though, before a trade war broke out in North America this week when Canada retaliated against U.S. trade tariffs, which could upend automotive production in general.

A majority of respondents are skeptical that earlier targets of 100% EV production by 2030 to 2040 will be achieved due to slower-than-expected consumer demand driven in large part by spotty charging infrastructure. Nearly a third see the targets as outright impossible to meet.

“There’s strong evidence that EV manufacturing capabilities are now considerably improved, and significant change has taken place in terms of introducing new production technology as well as upskilling workforces,” said Joerg Reger, managing director of ABB’s automotive business line, in a press release on the survey results.

Survey participants see hybrid vehicle production increasing this year for both hybrid and plug-in hybrid power trains.

DIG DEEPER: EV Owners Stay Loyal to the Segment

Originally posted on F&I and Showroom

More Industry

Photo of MINI nameplate on the hood of a white MINI Cooper
Industryby Hannah MitchellJuly 23, 2026

Autos More Appealing

Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.

Read More →
red car parked in front of a sunset, The Used Market Divide, Agent Entrepreneur
Industryby Lauren LawrenceJuly 23, 2026

Used EVs Defy Overall Market

While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.

Read More →
Photo of a retriever dog looking out of an open SUV window with a yellow Peugeot headrest on the top of the window below it
Industryby Hannah MitchellJuly 16, 2026

Gone to the Dogs

A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.

Read More →
Ad Loading...
Aerial shot of a car dealership
Industryby Hannah MitchellJuly 13, 2026

OEM Poll Sees Industry Evolution

Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.

Read More →
Foreign Cars Italia dealership store in front of sunset
Industryby Hannah MitchellJuly 2, 2026

Luxe N.C. Dealerships Change Hands

A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.

Read More →
inside of car, person with hands on black steering wheel
Industryby Lauren LawrenceJuly 2, 2026

Exposure Drives Interest in Chinese Cars

At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.

Read More →
Ad Loading...
Woman's hands holding an wallet empty of cash
Industryby Hannah MitchellJuly 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →
Rob Mancuso sitting in a chair on stage
Industryby Hannah MitchellJuly 1, 2026

Agent Advocate

Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.

Read More →
Photo of a touchscreen on a car's dashboard
Industryby Hannah MitchellJune 25, 2026

Driving Under Distraction

Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.

Read More →
Ad Loading...
split background green and blue. 2019 to 2025 with car going from starting location to end point. $37,310 and $48,402. Agent Entrepreneur logo
Industryby Lauren LawrenceJune 25, 2026

Affordable New Cars a Thing of the Past

More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.

Read More →
Ad Loading...