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Canalys:2022 annual global sales of 10.1 million new energy vehicles increased by 55%, of which 59% came from Chinese mainland

2025-01-29 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

CTOnews.com, March 17 (Xinhua) according to the Canalys research report, the global new energy vehicle (EV) will grow by 55% a year in 2022, reaching 10.1 million. Chinese mainland is currently the largest market for new energy vehicles, with 59% of new energy vehicle sales coming from China in 2022, totaling 5.9 million vehicles. This accounts for 29% of all light vehicle sales in the region, up 15% from 2021. Europe is the second largest market for new energy vehicles, with a market share of 26 per cent, with a total sales of 2.6 million vehicles. By contrast, the US is still at a disadvantage, accounting for only 9 per cent of global sales, but it is showing positive signs of growth, with sales of new energy vehicles rising 72 per cent to 920000 in 2022.

In 2022, Chinese mainland will have a gap with other markets in terms of new energy vehicle sales. Canalys analysis said: "most Chinese automakers, including BYD, Xilai and Xiaopeng, will expand the supply of new energy vehicle products in 2022. In 2022, BYD ranked first in new energy vehicle sales in China and even around the world. Six BYD models are among the top 10 car sales in China. Wuling Hongguang Mini EV has always been a successful case in China's new energy vehicle market, and this model will once again dominate the segment of new energy vehicles in micro-cities in 2023. Tesla still has a major share of the Chinese market, and the extent of its price cuts has put tremendous pressure on competitors as subsidies have been cancelled. GAC entered the top ten with Aion Y. "

Although growth has slowed, Europe is still the second largest market for new energy vehicles in the world. New energy vehicles account for 23% of vehicles delivered in 2022, 20% higher than in 2021. Canalys analysts said: "the demand performance of the new energy vehicle market in 2022 is excellent, but the supply is limited, and like other major markets, many European countries have changed their subsidy policies for new energy vehicles, affecting shipments at the end of 2022 and having a lasting impact on 2023. Consumer demand has been dispersed to a number of brands and models, so that the market share of any new energy vehicle model does not exceed 6% in 2022. Tesla is in the top two, while Strantis has two models in the top 10, which are electric versions of popular compact cars-the Fiat 500e and Peugeot eMel 208. Volkswagen has four models in the top 10, but it needs to maintain the momentum of launching new models in order to be invincible in 2023. "

In the United States, new energy vehicles accounted for 7% of new car sales in 2022. The introduction of a new federal tax credit for eligible new energy vehicles, coupled with the advantage of price cuts, should increase US market sales in 2023, but not for all brands. "the choice of new energy models in the US market is limited," said Canalys analysts. "if the US wants to replicate China's rapid growth in the share of new energy vehicles in the past two years, car companies need to launch more models for customers to choose from." The top two car sales came from Tesla, which accounted for well over 50 per cent of new energy vehicle sales in 2022. Although several new new energy vehicles were launched in 2022, none of them has a market share of more than 5%. Ford ranked third with the Mustang Mach-E, but analysts explained: "due to the continued success of Tesla Model Y, it is difficult for all other competing brands in the high-end SUV new energy vehicle field to have an impact. From 2023, many new energy vehicles will no longer be eligible for a tax credit, including two Hyundai / Kia models in the top 10 in 2022. Several electric pickups have appeared on the market, and although pickups are the most popular models in the United States, so far no new energy pickup has made it into the top 10 for new energy vehicle sales. "

CTOnews.com attached important definitions of this article:

Light vehicles: including passenger vehicles and light commercial vehicles.

New energy vehicles: including pure electric vehicles (BEV) and plug-in hybrid vehicles (PHEV).

Referenc

Global sales of new energy vehicles will grow by 55% in 2022, of which 59% will come from Chinese mainland.

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