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Despite these recent challenges and rising production costs as a result of increasing raw material prices, EV sales are still going up at a fast rate. The growth of the Electric Vehicles (EV) market has been significant despite the COVID-19 pandemic and the resulting supply chain bottlenecks.

It is safe to say that battery-powered vehicles are taking over the automobile market. The prices and revenues shown are accordingly based on the basic models. The figures do not include the sale of used vehicles nor adapted equipment for the new cars sold. A vehicle can be defined as electric if it is self-contained with a battery or classified as a plug-in hybrid.Īll key figures shown represent the sales of new cars, and their basic configuration in the respective year. In this context, “public” means that people have unrestricted access to the charging infrastructure. The Electric Vehicles segment includes information about electric vehicles in countries where, according to our sources, a public electric vehicle charging infrastructure is already available. Electric vehicles (EVs) could decelerate climate change because they have the potential of being completely carbon-neutral if their batteries and the electricity to power them are produced using renewable energies.

Traffic is responsible for nearly one quarter of all CO2 emissions worldwide. They contribute to the greenhouse effect, which causes climate change. CO2 emissions have a serious impact on the climate and the environment.

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