Global spending on electric cars, 2017-2022

Sources

IEA analysis based on EV Volumes, https://www.ev-volumes.com/datacenter/.

Notes

Government spending is the sum of direct central government spending through purchase incentives and foregone revenue due to taxes waived specifically for new electric cars. Only central government purchase support policies for electric cars are taken into account. Spending on charging is not included. Consumer spending is the total expenditure based on model price, minus government incentives. Excludes incentives for company cars. Values and trends may change slightly relative to previous publications following methodology improvements and better coverage of government support schemes.