GITNUX MARKETDATA REPORT 2024

Diversity In The Electric Vehicle Industry Statistics

The electric vehicle industry has shown significant growth in recent years, with an increasing number of manufacturers, models, and technological innovations contributing to a more diverse market.

Statistic 1

"China represents 57% of the global electric vehicle market."

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Statistic 2

"70% of all global electric vehicle sales occurred in just 25 cities worldwide."

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Statistic 3

"The EV market share in Europe increased from 3.3% in 2019 to 10.5% in 2020."

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Statistic 4

"California, USA accounted for nearly 46.8% of all new electric vehicle registrations in the US in 2020."

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Statistic 5

"75% of all electric delivery vans in Europe were bought by Germany, UK, France, and the Netherlands in 2020."

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Statistic 6

"By 2030, India plans to achieve 30% electric vehicle adoption."

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Statistic 7

"Asian and European manufacturers currently control over 90% of the EV battery market."

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Statistic 8

"In 2020, Europe outpaced China in electric vehicle sales for the first time since 2015."

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Statistic 9

"An estimated 3 million electric vehicles were sold globally in 2020."

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Statistic 10

"The electric vehicle market is expected to reach $912.2 billion by 2027."

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Statistic 11

"The global Electric Vehicle Supply Equipment (EVSE) market accounted for $2.86 billion in 2018 and is anticipated to reach $18.96 billion by 2026."

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Statistic 12

"The global average price of electric vehicles dropped to $36,600 in 2020, a decrease of more than 6% from 2019."

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Statistic 13

"Tesla is the leading electric vehicle brand in the U.S., with a market share of about 79% as of 2020."

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Statistic 14

"Oslo, Norway holds the title of having the world's highest percentage of electric cars sold among new car sales, estimated at around 56.2% in 2019."

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Statistic 15

"Projections show that by 2025, electric cars will become cheaper to buy than internal combustion engine vehicles."

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