Electric Cars
Electric Cars
The global electric vehicle market share has taken a tremendous leap forward in the past decade,
and we expect the trend to only accelerate in the coming years.
Even though we’ve already seen some incredible growth in the number of EVs worldwide,
the EV industry predictions suggest that we’ve only just scratched the surface.
1. HISTORICAL DATA ON THE GLOBAL EV MARKET
To understand the current situation of the EV sector, let’s look at what happened in the past couple of years.
The year 2020 did not show a significant growth in overall new car registrations.
The global market for all types of cars was negatively affected by the COVID-19 pandemic and the economic downturn that followed.
Amid the pandemic, the outlook for global EV sales was quite unpredictable at the beginning of the year.
However, as time showed, 2020 turned out to be a surprisingly positive year, with global EV sales growing by 43% from 2019
and the global electric car industry market share rising to a record 4,6% in 2020.
The year 2021 was a major leap forward for electric vehicle sales. Sales of electric vehicles doubled from 2020 to 6.75 million.
The number of EVs sold in a week in 2021 was higher than how many were sold in the whole year of 2012.
While we’re heading in the right direction, the road to full electrification is still long — but it’s becoming a reality.
Source: Vitra Global
A new report predicts
Electric Cars sales to surge across Europe
A new report predicts that within the next two years,
the penetration of electric cars on the European auto market is likely to reach a point of no return,
as zero emissions vehicles become the mainstream item for consumers.
Source: BBC Topgear
