1 in 5 cars sold worldwide is electric
2023 will be a tipping point for the electric car, predicts the international energy organization IEA.
Electric car sales are skyrocketing worldwide
Global sales of electric cars hit a new high this year. One in five cars sold is expected to be a plug-in car. Compared to 2022, this will be an increase of 35 percent. The increase in electric cars was even more spectacular in the period from 2020 to 2022: from four percent to 15 percent, almost a quadrupling.
This remarkable growth is mainly due to government incentives, price reductions due to technological innovations and increasing environmental awareness. The plug-in car is also becoming increasingly common, although the high European electricity prices last winter have had a significant impact on many electric car owners. Observers in the automotive industry expect that the price of a small electric car will match that of a petrol car within a few years.
China dominates global EV market
The number of electric cars is on the rise, especially in China. More than half of all electric cars are on the road in China. In terms of sales even more. 60% of all electric cars sold have a Chinese owner. Plug cars and hybrids make up more than one in four of all cars sold in China. Europe and the US are second, respectively. third place.
Poorer countries are now catching up
In countries such as India and Thailand, three-wheeled vehicles, the tuktuks or autorickshaws, are very popular. These will increasingly be replaced by electrical alternatives. Currently, the share of electric vehicles in India and Thailand is small, around 2-4 percent, but this will soon increase as electric cars become affordable.
The IEA report can be read here for enthusiasts.
