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Global Electric Vehicle Stock 2021
Global Domination — China continues to dominate the global EV market, nearly doubling the number of EVs on Chinese roads since the end of 2021 – from 7.9 million EVs to 14.1 million at the end of 2022.
This is largely due to the government’s long-held ambitions to become an EV-leading nation, a key component to China’s “Made in China 2025” vision and strategy.
The EU follows China, with the 2nd largest global EV stock claiming 30% global EV market share.
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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.
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