Tuesday, July 16, 2024

Half of all 2021 electric vehicles sold in the world were to China

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China’s electric vehicle sales in 2021 will reach 3.3 million units. the number increased by 100% compared to the previous year. This amount is half of the world’s electric vehicle sales, according to the Global Electric Vehicle Outlook 2022 data released by the International Energy Agency (IEA).

As an illustration, sales of electric vehicles in European countries in 2021 will be 2.3 million units. That’s up 65% over the previous year.

United States (US) electric vehicle sales in 2021, 630,000 units. That’s up 100 percent over the previous year. Thus, China’s sales of electric vehicles are the world’s largest.

In 2021, global electric vehicle sales will be the highest. Sales data from all countries, up. This trend indicates, oil-fueled cars (BBM) will be ‘eaten’ by electric vehicles.

See also: Electric vehicle prices in China are only 10% higher than conventional offerings

According to the Global Electric Vehicle Outlook 2022, the sales volume of electric vehicles in the world in 2022 will continue to grow.

This is largely due to the policies and active support by many countries and regions of the world. Statistics show that public funds linked to subsidies and incentives were around $30 billion last year, doubling year-on-year.

Market analysts believe that, although this is due to the impact of the epidemic, the global electric vehicle still maintains strong growth, and the major auto market will achieve substantial growth this year, with a large market space in the future.

See also: China’s Lockdown Has More Impact on Supply Chains Than Russia’s Invasion of Ukraine

IEA research data also confirms this assessment: Compared to 2020, global sales of electric vehicles and plug-in hybrids will double by 2021 to a new annual record of 6.6 million. More than 120,000 units were sold.

Overall, nearly 10% of global car sales in 2021 will be vehicles, a figure that is four times higher than in 2019. The total number of electric vehicles currently on the road is about 16.5 million, three times the number in 2018. Electric vehicle sales Globally reached 2 million in the first quarter of this year, a 75% increase over the same period in 2021.

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