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Global Electric Sales Over the Years, Electric Car Sales in 2022 by Geography
Electric Car Sales Still on an Upswing, broke 10 million EV sales in 2022
Despite inflationary pressures, talks of another global recession, semiconductor chip shortages limiting new car manufacturing, particularly for EVs that require many more chips - and a host of other challenges the automotive world has faced in 2022 ---- EV sales keep rising. 2022 EV sales grew 57% year on year. One in seven cars sold in Q1 2023 was an electric vehicle. There are no signs of EV sales slowing down. It is only clear that China continues to be dominant, followed by Europe, and then the USA.
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The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.
