Global Electric Vehicle Stock 2021
30 September 2023•
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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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