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Top 10 Countries with Electrification Fever
When we look at EVs as a proportion of new cars sold in 2022, small European nations lead the charge, with 88% of Norway’s total car sales being 100% electric.
Other Scandinavian countries like Iceland and Sweden post similarly high percentages, at 70% and 54% respectively.
Hong Kong comes in 4th place, with 53% of new car sales being electric.
In China, due to its sheer size and girth, ranks 9th place, with nearly 1 in every 3 new cars sold being electric (29%).
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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.
