HomeEconomyGlobal EV sales will...

Global EV sales will increase by nearly 70% by 2022

Photo: Getty Images

The share of EVs reached 10% of total annual vehicle sales thanks to demand in China and Europe.

In 2022, global sales of electric vehicles will increase significantly: their share in total annual vehicle sales will reach 10%. This was reported by the Interfax agency, citing data from analytical companies LMC Automotive and EV-Volumes.com.

Thus, the sale of all-electric cars jumped by 68% compared to last year – up to 7.8 million units.

In Europe, the share of electric vehicles in total sales reached 11%, in China – 19%.

Electric vehicles as well as plug-in hybrid vehicles will account for a total of 20.3% of vehicle sales in the European market in 2022.

According to the Association of the German Automotive Industry, cars with electric motors accounted for 25% of all car production in Germany last year. In December, their sales in Germany exceeded sales of cars with internal combustion engines.

Overall, global car sales fell 1% last year to 80.6 million units, LMC notes. They decreased by 8% in the US and 7% in Europe, and increased by 4% in China.

Recall that according to the results of 11 months of 2022, the electric car market in Ukraine grew by 55%.

Mazda is investing more than $10 billion in electric vehicles

news Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now