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Sales of plug-in passenger cars achieved a 9% global market share of new car sales in 2021, up from 4.6% in 2020, and 2.5% in 2019. The PEV market has been shifting towards fully electric battery vehicles. The global ratio between BEVs and PHEVs went from 56:44 in 2012, to 60:40 in 2015, and rose to 74:26 in 2019.
In South Korea, electric trucks hold a noticeable share of the new truck market; in 2020, among trucks produced and sold domestically (which are the vast majority of new trucks sold in the country), 7.6% were all-electric vehicles.
Plug-in electric vehicle (BEV and PHEV) sales were 37% of the overall automotive sales in China in 2023, with BEVs and PHEVs having 25% and 12% market share respectively. This is a significant increase from 2020, when plug-in electric vehicles accounted for only 6.3% of total sales. [4] The plug-in market in China was dominated by Chinese ...
The electric vehicle battery swapping market is anticipated to expand at a CAGR of 16% between 2024 and 2034. The global electric vehicle (EV) battery swapping market is rapidly expanding, driven by several key factors, including the increasing adoption of electric vehicles and the rising demand for vehicle sharing and rental services.
The plug-in car segment had a market share of 1.3% of new car registrations in 2016, rose to 3.6% in 2019, and achieved 11.4% in 2020. The largest country markets in the European region in terms of EV stock and annual sales are Germany, Norway, France, the UK, the Netherlands, and Sweden.
June 7, 2024 at 4:05 PM. General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale. The Detroit automaker said it’s ...
Auto Electric Truck, 1907. An electric truck is a battery electric vehicle (BEV) designed to transport cargo, carry specialized payloads, or perform other utilitarian work. Electric trucks have serviced niche applications like milk floats, pushback tugs and forklifts for over a hundred years, typically using lead-acid batteries, but the rapid ...
The market share of plug-in electric passenger cars increased from 0.14% in 2011 to 0.37% in 2012, 0.62% in 2013, and reached 0.75% of new car sales in 2014. As plug-in car sales slowed down during the 2015, the segment's market share fell to 0.66% of new car sales, then increased to 0.90% in 2016.