Electric car sales are accelerating, with China and Europe setting new records
EV markets are expanding quickly. Electric car sales accounted for 9% of the global car market in 2021 – four-times their market share in 2019. All the net growth in global car sales in 2021 came from electric cars. Sales were highest in China, where they tripled relative to 2020 to 3.3 million after several years of relative stagnation, and in Europe, where they increased by two-thirds year-on-year to 2.3 million. Together, China and Europe accounted for more than 85% of global electric car sales in 2021, followed by the United States (10%), where they more than doubled from 2020 to reach 630 000.
Battery manufacturing has increased, but must accelerate to meet Net Zero needs
China also accounts for the largest share of demand at almost 80 GWh, but in 2020 Europe had the greatest increase (+110%) to reach 52 GWh. The Net Zero Scenario projects battery manufacturing scaling up rapidly, as current announced production capacity for 2030 would cover only 50% of required demand in that year. Furthermore, next-generation (i.e. solid-state) battery technologies need to become commercially available between 2025 and 2030.
Global Supply Chains of EV Batteries
Global EV Policy Explorer
Global EV Data Explorer
Global EV Outlook 2022
Policy brief on public charging infrastructure
Promoting successful roll-out strategies and business models
Electric cars fend off supply challenges to more than double global sales
Global Fuel Economy Initiative 2021
In operation since 1993, the HEV TCP provides a forum for global co-operation on the development and deployment of electric vehicles. It supplies objective information to support decision making, functions as a facilitator for international collaboration in pre-competitive research and demonstration projects, fosters international exchange of information, and it can promote projects and programmes for research, development, demonstration and deployment.