This is my third and final post about the global distribution of EV/PHEV sales.
The graph below splits the figures for 2019, 2020 and 2021 between China, the EU (including the UK), the US and the rest. It really makes it clear how China dominates (in absolute terms) and also how Europe has stepped up in the last two years. Expressed per capita, European countries took the top 6 places in EV/PHEV sales in 2021, with Norway way out in front.
Although there was a big improvement between 2020 and 2021 in the figures from the US, they still lag a long way behind. Germany took more EVs in 2021 than the whole of the USA.
With Joe Biden in the White House, things are clearly changing and it would be perhaps surprising not to see the USA take a far higher proportion of global production in 2022 and 2023.
This all points towards an explosion in EV production. Sales in 2022 totalled 6.8m, up 108% from 3.2m in 2021. If that rate of improvement continues, we’ll see nearly 13m new EV/PHEVs globally in 2022, even if the USA’s appetite doesn’t drastically improve as we might expect it will.