A new milestone! The first 10% of the global electric vehicle market share

CTOnews.com, January 17 (Xinhua) according to the latest statistics, global electric vehicle sales accounted for 10% of all new car sales for the first time in 2022, up from 8.3% in 2021.

Global electric vehicle sales accounted for 10 per cent of global sales last year, most of them in Europe and China, according to LMC Automotive and EV-Volumes.com. In both markets, manufacturers focus on electric vehicle sales and introduce a large number of new models while optimizing and improving existing vehicles.

A total of 7.8 million electric vehicles were sold worldwide last year, the report said. The continued adoption of electric vehicles not only provides consumers with new and sustainable powertrains, but also provides automakers with new sources of income through subscription-based planning and charging infrastructure.

Electric car sales are likely to grow again by 2023. CTOnews.com learned that Sipp Global Mobility said in its report that electric vehicle sales are expected to reach 10 million this year, accounting for 14% of new car sales for the year.

In addition, the report said that although the United States is not as enthusiastic about electric vehicles as other markets, overall sales of electric vehicles have also increased. Other data show that US carmakers sold 807180 electric vehicles last year, up 2.6 per cent from the previous year. Electric vehicles accounted for 5.8% of all car sales in the United States in 2022, the report said.