Narrative: 2025 Q3 Global xEV Demand Outlook 2023 to 2032

This update analyzes Global xEV Demand and how US tariffs impact semiconductor and sensor growth across regions and EV powertrain types.

The latest TechInsights xEV System, Semiconductor, and Sensor Demand forecast has now been published as an Online Data Report (ODR). This Narrative looks at the key changes in this update, which has been heavily impacted by the uncertainty brought about by the US tariffs. It identifies the key growth drivers for semiconductor and sensor consumption from electric vehicles produced across the varying regions and the key electric vehicle powertrains that will drive semiconductor and sensor demand for processor, power, memory, linear, and other semiconductor components.