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

CTOnews.com, April 26, according to the Global Electric vehicle Outlook 2023 just released by the International Energy Agency (IEA), global sales of pure electric plus plug-in models exceeded 10 million last year, an increase of 55% over 2021, with China accounting for 60% of sales.

This figure exceeds the total car sales in the European Union (about 9.5 million units) and is almost half of China's total car sales in 2022.

It is said that the global stock of electric vehicles on the road exceeds 26 million in 2022, an increase of 60 per cent over 2021.

The International Energy Agency predicts that global electric vehicle sales are expected to reach nearly 14 million in 2023 and have a penetration rate of nearly 20 per cent. According to IEA's latest forecasts, this explosive growth means that the share of electric vehicles in the entire car market has risen from about 4 per cent in 2020 to 14 per cent in 2022 and is expected to increase further to 18 per cent this year.

China is the "leader" in electric vehicle sales, accounting for 60 per cent of global sales of new energy models in 2022, according to the report. Today, more than half of the electric cars on the world's roads are in China.

After china, the world's second-largest market is Europe, where electric car sales grew by more than 15% in 2022, with more than one out of every five cars sold. In addition, us electric car sales grew by 55 per cent in 2022, while the rest of the world showed "signs of hope".

According to previous reports by CTOnews.com, data from the China Automobile Association show that China's automobile production and sales in 2022 completed 2702.1 million and 26.864 million vehicles respectively, an increase of 3.4% and 2.1% respectively over the same period last year, of which 705.8 and 6.887 million new energy vehicles were produced and sold respectively, up 96.9% and 93.4% respectively over the same period last year, with a market share of 25.6%.

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