Snapchart – Strong Showing for EV Sales in 2021
This week’s SnapChart shows the monthly sales trajectory of electric vehicles in 2021 compared with previous years. The chart includes the two types of EVs. The Plug-in Hybrid Electric Vehicles (PHEVs) that you plug in at night, but can only go a relatively short distance before the backup combustion engine kicks-in. And, the pure Battery Electric Vehicles (BEVs) that have no auxiliary backup.
The International Energy Agency (IEA) reported that 3 million vehicles or 4.6% of all new car sales were electric in 2020[1]. Based on the trajectory of growth so far this year, EVs could take a 7% or greater share of new car sales in 2021.
Europe and China are the leading EV markets. In Europe, about 18% or almost one in five new cars will be EVs this year[2]. In China, the share is about 13% of new car sales[3]
[1] IEA Global EV Outlook 2021, Page 5. https://iea.blob.core.windows.net/assets/ed5f4484-f556-4110-8c5c-4ede8bcba637/GlobalEVOutlook2021.pdf
[2] InsideEVs https://insideevs.com/news/551755/europe-plugin-car-sales-october2021/
[3] InsideEVs https://insideevs.com/news/550271/china-plugin-car-sales-october2021/