GITNUX MARKETDATA REPORT 2024

Electric Vehicle Sales Statistics [Fresh Research]

Highlights: Electric Vehicle Sales Statistics

  • In 2020, global electric vehicle sales increased by 43% despite the overall decline in automobile sales.
  • Electric vehicles sales in Europe overtook China for the first time in 2020.
  • The global market share of electric vehicles reached 4.2% in 2020.
  • In Europe, total EV sales reached 1.4 million in 2020, 137% higher than 2019.
  • Electric vehicle sales in China totaled 1.3 million units in 2020, up 8% from the previous year.
  • In the United States, electric vehicle sales increased by 4% in 2020, reaching almost 328,000 units.
  • The Tesla Model 3 was the best-selling electric vehicle globally in 2020, with nearly 366,000 units sold.
  • In the first half of 2021, electric vehicle sales in the UK increased by 186% compared to the same period in 2020.
  • By the end of 2020, there were over 10 million electric vehicles on the road worldwide.
  • Electric vehicles made up 54% of all new car sales in Norway in 2020.
  • In 2020, electric vehicle sales in Germany increased by 207% compared to the previous year.
  • The Netherlands saw a 246% increase in electric vehicle sales in December 2020 compared to December 2019.
  • By 2025, electric vehicles are expected to account for 10-15% of total global vehicle sales.
  • In India, electric vehicle sales (including hybrids) reached nearly 238,000 units in 2020.
  • Japan’s electric vehicle sales in 2020 increased by 22% compared to 2019, with sales totaling approximately 32,000 units.
  • South Korea’s electric vehicle sales increased by 52% in 2020, with 56,203 units sold.

Our Newsletter

The Business Week In Data

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!

Table of Contents

The global electric vehicle market is growing rapidly, with sales increasing significantly in 2020 despite the overall decline in automobile sales. According to data from various sources, electric vehicles accounted for 4.2% of total car sales globally and 1.4 million units were sold in Europe alone last year – a 137% increase compared to 2019 figures. In China, EV sales totaled 1.3 million units while the United States saw an increase of 4%, reaching almost 328,000 units sold by the end of 2020. The Tesla Model 3 was also revealed as the best-selling EV worldwide with nearly 366,000 cars delivered during that period; this number is expected to grow even further over time due to its popularity among consumers and businesses alike. Additionally, there are now more than 10 million EVs on roads around the world and countries such as Norway have seen 54% new car registrations being made up by these types of vehicles at one point or another throughout 2020/2021 so far. Finally, it’s estimated that by 2025 electric vehicles will account for between 10-15 percent of all global vehicle purchases – making them increasingly important players within our transportation systems going forward into 2021 and beyond.

The Most Important Statistics
In 2020, global electric vehicle sales increased by 43% despite the overall decline in automobile sales.

This statistic is a testament to the growing popularity of electric vehicles, even in the face of a global economic downturn. It shows that despite the overall decline in automobile sales, electric vehicles are still in high demand, indicating that the trend towards electric vehicles is here to stay. This statistic is an important indicator of the future of the electric vehicle industry and provides valuable insight into the potential of electric vehicles in the years to come.

Electric vehicles sales in Europe overtook China for the first time in 2020.

This statistic is a milestone in the electric vehicle industry, as it marks the first time that Europe has outsold China in electric vehicle sales. This is significant because it shows that the European market is becoming increasingly competitive in the electric vehicle industry, and that the demand for electric vehicles is growing in Europe. This could be a sign of a shift in the global electric vehicle market, and could be an indication of the future of the industry. This statistic is an important one to consider when discussing electric vehicle sales statistics, as it provides insight into the current state of the industry and the potential for growth in the future.

Electric Vehicle Sales Statistics Overview

The global market share of electric vehicles reached 4.2% in 2020.

This statistic is a testament to the growing popularity of electric vehicles, indicating that more and more people are choosing to go green. It shows that the electric vehicle market is expanding and that the industry is becoming increasingly competitive. This is an important milestone for the industry and a sign that electric vehicles are becoming a viable option for many consumers.

In Europe, total EV sales reached 1.4 million in 2020, 137% higher than 2019.

This statistic is a testament to the growing popularity of electric vehicles in Europe. It shows that despite the challenges of 2020, EV sales have skyrocketed, indicating that more and more people are turning to electric vehicles as a viable option for transportation. This is a clear sign that the electric vehicle market is on the rise and is likely to continue to grow in the coming years.

Electric vehicle sales in China totaled 1.3 million units in 2020, up 8% from the previous year.

This statistic is a testament to the growing popularity of electric vehicles in China. It shows that despite the challenges posed by the pandemic, the demand for electric vehicles has continued to increase, indicating that the trend towards electric vehicles is here to stay. This is an important statistic to consider when discussing electric vehicle sales statistics, as it provides insight into the current state of the market and the potential for future growth.

In the United States, electric vehicle sales increased by 4% in 2020, reaching almost 328,000 units.

This statistic is a testament to the growing popularity of electric vehicles in the United States. It shows that more and more people are choosing to switch to electric vehicles, which is a positive sign for the environment and the future of sustainable transportation. This statistic is an important indicator of the progress being made in the electric vehicle industry and provides valuable insight into the current state of the market.

The Tesla Model 3 was the best-selling electric vehicle globally in 2020, with nearly 366,000 units sold.

This statistic is a testament to the success of the Tesla Model 3, demonstrating its dominance in the electric vehicle market. It highlights the growing popularity of electric vehicles, as well as the potential for further growth in the industry. This statistic is an important indicator of the current state of the electric vehicle market, and provides insight into the future of the industry.

In the first half of 2021, electric vehicle sales in the UK increased by 186% compared to the same period in 2020.

This statistic is a powerful indicator of the growing popularity of electric vehicles in the UK. It shows that in the first half of 2021, electric vehicle sales have skyrocketed compared to the same period in 2020, demonstrating a clear shift in consumer preference towards electric vehicles. This statistic is an important piece of evidence for anyone looking to understand the current state of electric vehicle sales in the UK, and is a valuable addition to any blog post about electric vehicle sales statistics.

By the end of 2020, there were over 10 million electric vehicles on the road worldwide.

This statistic is a testament to the growing popularity of electric vehicles. It shows that more and more people are choosing to switch to electric vehicles, which is a positive sign for the environment and the future of transportation. This statistic is an important indicator of the success of electric vehicles and the progress that has been made in the industry.

Electric vehicles made up 54% of all new car sales in Norway in 2020.

The fact that electric vehicles made up 54% of all new car sales in Norway in 2020 is a testament to the growing popularity of electric vehicles. This statistic is indicative of a larger trend towards electric vehicles, and it is a sign that the electric vehicle market is becoming increasingly competitive. It also shows that Norway is leading the way in terms of electric vehicle adoption, and that other countries should take note of their success.

In 2020, electric vehicle sales in Germany increased by 207% compared to the previous year.

This statistic is a clear indication that electric vehicle sales in Germany have skyrocketed in 2020, demonstrating a huge shift in consumer preference towards electric vehicles. This is an important statistic to consider when discussing electric vehicle sales statistics, as it shows the potential for growth in the industry.

The Netherlands saw a 246% increase in electric vehicle sales in December 2020 compared to December 2019.

This statistic is a clear indication that the Netherlands is embracing the electric vehicle revolution. It shows that the country is taking steps to reduce its carbon footprint and is investing in a more sustainable future. This is an encouraging sign for the rest of the world, as it demonstrates that electric vehicles are becoming increasingly popular and that more people are making the switch to greener transportation. This statistic is an important one to consider when discussing electric vehicle sales statistics, as it shows that the Netherlands is leading the way in the transition to a more sustainable future.

By 2025, electric vehicles are expected to account for 10-15% of total global vehicle sales.

This statistic is a powerful indicator of the potential of electric vehicles in the near future. It shows that electric vehicles are expected to make up a significant portion of the global vehicle market in the next few years, which is a major shift from the current state of the market. This statistic is important for anyone interested in the electric vehicle market, as it provides a glimpse into the potential of this rapidly growing industry.

In India, electric vehicle sales (including hybrids) reached nearly 238,000 units in 2020.

This statistic is a testament to the growing popularity of electric vehicles in India. It shows that more and more people are turning to electric vehicles as a viable option for transportation, and that the market for electric vehicles is growing rapidly. This is an important statistic to consider when discussing electric vehicle sales statistics, as it demonstrates the potential for electric vehicles to become a major part of the transportation landscape in India.

Japan’s electric vehicle sales in 2020 increased by 22% compared to 2019, with sales totaling approximately 32,000 units.

This statistic is a testament to the growing popularity of electric vehicles in Japan. It shows that despite the challenges posed by the pandemic, the demand for electric vehicles has increased significantly in the country. This is an encouraging sign for the industry, as it indicates that the Japanese public is becoming more aware of the environmental and economic benefits of electric vehicles.

South Korea’s electric vehicle sales increased by 52% in 2020, with 56,203 units sold.

This statistic is a testament to the growing popularity of electric vehicles in South Korea. It shows that more and more people are choosing to switch to electric vehicles, which is a positive sign for the environment. This statistic is also a sign of the progress that South Korea is making in terms of transitioning to a more sustainable future. It is an encouraging sign that electric vehicles are becoming more accessible and popular in South Korea, and it is a great example of how other countries can follow suit.

Conclusion

The global electric vehicle market is growing rapidly, with sales increasing by 43% in 2020 despite the overall decline in automobile sales. Europe overtook China for the first time as the largest EV market, and total EV sales reached 1.4 million units – a 137% increase from 2019. The Tesla Model 3 was also the best-selling electric vehicle globally last year, with nearly 366,000 units sold worldwide. In addition to this impressive growth rate of EVs across many countries around the world, it is projected that by 2025 they will account for 10-15% of all global car sales and there are already over 10 million EVs on roads today. These statistics demonstrate how quickly consumer demand has shifted towards more sustainable transportation solutions such as electric vehicles and highlights their potential to revolutionize our current automotive industry landscape in years to come.

References

0. – https://www.cleantechnica.com

1. – https://www.iea.org

2. – https://www.caixinglobal.com

3. – https://www.irena.org

4. – https://www.statista.com

5. – https://www.reuters.com

6. – https://www.autonews.com

7. – https://www.marklines.com

8. – https://www.mckinsey.com

9. – https://www.ev-volumes.com

10. – https://www.eia.gov

11. – https://www.businessinsider.com

12. – https://www.zap-map.com

13. – https://www.ft.com

14. – https://www.cleantechnica.com

FAQs

What is the global trend of electric vehicle sales in recent years?

Electric vehicle sales have seen a significant increase globally in recent years. Between 2015 and 2020, EV sales have grown at an average annual rate of over 50%. In 2020, EV sales reached approximately 3.24 million units worldwide, nearly doubling from the previous year's figures.

Which country has the highest electric vehicle market share in proportion to its total automotive market?

Norway holds the highest electric vehicle market share, with more than 70% of all new vehicles sold in the country are electric or plug-in hybrids. This impressive adoption rate is mainly due to the government's supportive policies and incentives for electric vehicles.

How do electric vehicle sales in the United States compare to other major markets like Europe and China?

The United States lags behind major markets like Europe and China in terms of electric vehicle adoption rates. In 2020, around 1.8% of new car sales in the U.S. were electric vehicles, whereas Europe had a market share of over 10%, and China reported a market share of 5.5%.

Which companies are leading the global electric vehicle market in terms of sales volume?

As of 2020, Tesla is the leading electric vehicle manufacturer globally in terms of sales volume, with over 500,000 units sold. Other major players include BYD, BAIC Motor, and Volkswagen.

What is the projected growth of electric vehicle sales in the coming years?

Electric vehicle sales are expected to continue their rapid growth in the coming years. BloombergNEF projects that by 2030, 26 million electric vehicles (including plug-in hybrids) will be sold annually, representing over 28% of all new cars sold. By 2040, 54% of all passenger vehicle sales are expected to be electric.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!