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2023: The Year that Proved Electric Vehicles were Here to Stay

2023: The Year that Proved Electric Vehicles were Here to Stay

By Erika Masako Welch 02 October 2023

It is an interesting time in the world of Mobility and Electric Vehicles.

We've certainly come a long-way from a decade ago, when Tesla began delivering its first mass-produced Tesla Model S in small double digit batches each month. A mere 113,000 electric vehicles were sold globally, in 2012. 

In contrast, over 10 million electric vehicles were sold in 2022; and we’re projected to sell over 14 million in 2023. That meant that last year, one in every seven cars sold globally, was electric. EVs are finally becoming more affordable, and consumers have more choice of EV model than ever before. There are electric sedan’s, pick-up trucks, SUVs, cross-overs and convertibles. Automakers are investing billions of dollars to electrify their fleets, and as of the end of 2022, over 500 different EV model

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Related Report

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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