The global EV market has seen exponential growth over the last decade. It is interesting to look back and see what has happened in these last 10 years across the world.

The below graphic is a visualization of EV sales broken down by country.

Here are some key takeaways :
• From 2011 to 2015, global EV sales grew at an average annual rate of 89%, with roughly one-third of global sales occurring in the U.S. alone.
• In 2014, the U.S. was the largest EV market followed by China, the Netherlands, Norway, and France. But things changed in 2015, when China’s EV sales grew by 238% relative to 2014, propelling it to the top spot.
• In 2021, China accounted for more than 50% of EVs sold globally. The country sold more EVs in 2021 than the rest of the world combined in 2020.
• Germany, Europe’s biggest auto market, sold nearly 700,000 EVs in 2021, up 72% from 2020.
• The U.S. also made a comeback after a two-year drop, with EV sales more than doubling in 2021.
• Between 2011 and 2019, Tesla accounted for 40% of all EVs sold in the United States. Furthermore, Tesla cars have been the top-selling EV models in the U.S. in every year since 2015. Tesla accounted for over 50% of EV sales in the U.S. in 2021 with the Model Y—launched in 2019—taking the top spot.
• China, Europe and US contributed nearly 94% to worldwide EV sales. This shows that the growth of EVs is highly skewed amongst countries and regions of the world.

I must highlight that these figures are for light duty four-wheelers, essentially passenger cars. They do not include electric two-wheelers and three-wheelers, which are witnessing meteoric growth in Asian countries. But that’s another story.

Graph courtesy : Visual Capitalist
Link : https://buff.ly/3QBGpUu