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Global electric vehicle (EV) growth since 2017

Auto sales finally got back above pre-recession levels in 2014 with August sales reaching a seven-year high. After six long years, sales levels have matched 2007’s pace. More importantly, several research groups expect 2015 continue to grow. Today’s Motor Vehicles allows marketers direct access to this healthy industry with continued growth.

TMV Staff 1 min
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Global electric vehicle (EV) growth

5.6 million Electric vehicles in service worldwide at the end of 2018

64% Increase from 2017

 

2.2 million New EVs registered in 2018

75% Increase from 2017

 

China leads: 2.6 million EVs in service

United States No. 2: 1.1 million

Remaining top 10 countries (in order); Norway, United Kingdom, France, Netherlands, Germany, Japan, Sweden, Canada: 1.4 million

 

Top 10 global manufacturers (number of EVs in service in 2018)

BYD (China): 517,230, up 72% from 2017

Tesla (U.S.): 500,390, up 88% from 2017

Nissan (Japan): 379,910, up 30% from 2017

BAIC Motor (China): 322,300, up 100% from 2017

BMW (Germany): 251,870, up 53% from 2017

General Motors (U.S.): 244,040, up 26% from 2017

Volkswagen (Germany): 236,360, up 29% from 2017

Mitsubishi (Japan): 198,880, up 23% from 2017

SAIC (China): 184,920, up 140% from 2017

Toyota (Japan): 170,940, up 35% from 2017

 

Tesla led 2018 growth: 233,760 global registrations

Chinese EV makers BYD, BAIC, SAIC combined 2018 growth: 484,540 global registrations

 

Top EV worldwide

In service in 2018: Nissan Leaf, 363,940

New registrations in 2018: Tesla Model 3, 146,310 (1st EV to break 100,000 mark in single-year registrations)

 

Source: Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW), Germany: https://www.zsw-bw.de/en.html