IEA (2020), Tracking Transport 2020, IEA, Paris https://www.iea.org/reports/tracking-transport-2020
Tracking progress 2020
Electric car sales topped 2.1 million globally in 2019, surpassing 2018 – which was already a record year. Sales rose 6% from 2018, following several years of over 40% annual electric car sales growth. The 2019 increase is embedded within the third year of global car market contraction, and the global electric car market share reached a new record of 2.6%, up from 2.4% in 2018 and 1% in 2017. The electric car stock therefore increased 40% year-on-year in 2019, indicating strong sustained EV sector development after annual successes since 2016 and a positive outlook for attaining the 36% average annual stock growth needed to reach the SDS target by 2030. China was the world's largest market (1.06 million electric cars sold in 2019), followed by Europe (560 000) and the United States (326 000); these three regions accounted for over 90% of all sales in 2019. Norway continues to have the highest market share for sales (56% in 2019), followed by Iceland (23%) and the Netherlands (15%). Battery electric cars (comprising battery electric cars and plug-in hybrid electric cars) made up a larger portion of electric car sales (almost three-quarters) in 2019. Progress in decarbonising the power sector will accelerate the CO2 emissions reduction benefits of EVs.