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Top 10 Countries by Electrification Rate
Which is the Most Electrified Nation?
Perhaps the metric that is most important to track, is the electrification rate of the total car population.
Norway leads, with 27% of all cars on Norwegian roads being electric at the end of 2022. Iceland follows at 16%, and the rest follow with single digit progress.
Here, we can see clearly that the USA lags far behind, having only electrified 2.1% of their national fleet of vehicles, below the 2.4% world average.
China has electrified nearly 5% of the vehicles on its roads, ahead of smaller countries like Belgium and Switzerland.
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We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
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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.
