- Global sales of electric vehicles (EVs) increased by 55% in 2022 from the year before, according to data from the EV Volumes sales database.
- China remains the world’s largest EV market, with 59% of global sales.
- World Economic Forum estimates annual EV sales need to increase 18-fold by 2030 to meet global emissions targets.
Many people around the world will have noticed an increasing number of electric vehicles (EVs) on the roads in the towns and cities where they live. The latest data on global sales of EVs confirms a growing appetite for green motoring.
EV sales rose by 55% in 2022, reaching a total of 10.5 million, according to the EV Volumes sales database. These figures include both battery electric vehicles (BEVs) and plug-in hybrids (PHEVs).
Where were EV sales strongest?
Sales of new EVs in China increased by 82% in 2022 compared to the year before. The country accounted for 59% of global EV sales last year, cementing its position as the world’s largest electric vehicles market. China is also the world’s biggest EV producer, with 64% of global volume.
Read more: WorldEconomicForum