April 13, 2023

The chart shows number of light duty battery electric vehicles (BEV)* and hybrid plug-in electric vehicles (PHEV)* in 2020-2022.

Global EVs have increased from about 11 million in 2020 to 27 million in 2022 – and increase of 150% in 3 short years.

China represented 37% of the 2022 global EV stock followed by Europe** at 29% and the US at 9%. Both China and Europe more than doubled between 2020 and 2022.

In 2022, almost 2.2 million new passenger plug-in electric cars were registered in Europe – the highest were in Norway (88%), Iceland (58%) and Sweden (56%).

US EV stock has increased about 20% per year between 2020 and 2022. Most of the growth occurred in California.

* Includes SUVs and light trucks

** EU + 4: UK, Iceland, Switzerland, and Norway