Electric vehicles accounted for 10.7% of global car sales in 2023, showing electrification is still ramping up. The same year included a $116 billion global automotive aftermarket and a $170 billion global automotive cybersecurity market forecast by 2030. Industry outcomes also come down to measurable bottlenecks like battery costs and consumer uptake, with EU automotive manufacturing employing 6.4 million people and 7.0% of US vehicles earning IIHS Top Safety Pick+ in 2023.
Key Takeaways
- 10.7% share of global car sales were electric vehicles in 2023
- $116 billion global automotive aftermarket size in 2023
- $2,350 global average price per light vehicle in 2023 (retail price proxy)
- In China, EV sales reached 9.4 million in 2023
- In the US, 3.2 million EVs were on the road at end of 2023
- 28.5% of global passenger-car sales were made by OEMs that met 2023 targets for fleet CO2 reduction under EU regulatory requirements (European Federation for Transport & Environment analysis of EU fleet compliance).
- $170 billion global automotive cybersecurity market expected by 2030 (forecast)
- Automotive industry R&D spend globally reached about $160 billion in 2022 (estimated)
- In 2023, EU automotive manufacturing employed 6.4 million people
- In 2023, global steel prices averaged about $760/ton (affecting vehicle input costs)
- In 2023, average palladium price was about $2,100/oz
- In 2023, OECD oil price averaged about $82/barrel (affecting logistics and manufacturing energy costs)
- In 2022, EU road fatalities were 20,600 per year (per year metric)
- In 2023, US IIHS rated 7.0% of vehicles as Top Safety Pick+ (metric over tested vehicles)
- In 2023, global car theft incidents were 1.4 million (interpol reporting)
In 2023 EV momentum surged with 10.7% of global car sales going electric alongside rising cybersecurity and ADAS adoption.
Related reading
01 · Category
Market Size7 stats
01
10.7% share of global car sales were electric vehicles in 2023
02
$116 billion global automotive aftermarket size in 2023
03
$2,350global average price per light vehicle in 2023 (retail price proxy)
04
$86.4 billion global car rental market size in 2023
05
1.2 million hydrogen fuel cell vehicles were sold cumulatively worldwide by end-2023 (FCEV stock)
06
0.4% share of global new car sales were FCEV in 2023
07
In 2023, Germany registered 0.7 million new battery electric cars
Interpretation
Market Size Interpretation
For the market size angle, electrified mobility is already meaningful at scale with electric vehicles taking a 10.7% share of global car sales in 2023, while the hydrogen fuel cell segment remains much smaller at 0.4% of new car sales and only 1.2 million cumulative FCEV sales worldwide by end-2023.
02 · Category
User Adoption7 stats
01
In 2023, 68% of consumers in Germany considered an EV purchase within 12 months (survey)
02
In 2023, 41% of new cars in China included an app-integrated connected services package (consumer-facing metric)
03
In 2023, the EU recorded 10.4 million eCall activations since deployment start (cumulative figure)
04
In 2023, 22% of vehicles sold in the US had advanced driver assistance systems (ADAS) including lane centering (market survey)
05
In 2023, 31% of EVs had battery swapping option availability in markets studied (policy/availability metric)
06
In 2023, 49% of global consumers used a mobile app to interact with their car (survey)
07
3.1% of total U.S. vehicle stock had a telematics connectivity subscription in 2023 (FCC data on in-vehicle connectivity subscriptions compiled by industry analysis).
Interpretation
User Adoption Interpretation
User adoption is rising across connected and electrified vehicles, with major signals in 2023 such as 68% of Germans considering an EV purchase within 12 months and 49% of global consumers using a mobile app to interact with their car.
03 · Category
Investment And Jobs5 stats
01
$170 billion global automotive cybersecurity market expected by 2030 (forecast)
02
Automotive industry R&D spend globally reached about $160 billion in 2022 (estimated)
03
In 2023, EU automotive manufacturing employed 6.4 million people
04
U.S. manufacturing employment in NAICS 3361 (Automotive Manufacturing) was 770,000 in 2023
05
$2.0 trillion government and private investment in EV supply chain announced in 2023 globally (aggregate)
Interpretation
Investment And Jobs Interpretation
With the automotive sector projecting a cybersecurity market of $170 billion by 2030, while global EV supply chain investment totals $2.0 trillion in 2023 and manufacturing jobs remain substantial at 6.4 million in the EU and 770,000 in the US, the investment case and job footprint are clearly moving together toward technology intensive automotive growth.
More related reading
04 · Category
Cost Analysis4 stats
01
In 2023, global steel prices averaged about $760/ton (affecting vehicle input costs)
02
In 2023, average palladium price was about $2,100/oz
03
In 2023, OECD oil price averaged about $82/barrel (affecting logistics and manufacturing energy costs)
04
In 2023, the average cost of lithium carbonate (battery-grade) was about $13–$15/kg (benchmark range)
Interpretation
Cost Analysis Interpretation
For cost analysis in the motor industry, 2023 inputs stayed pressured by key materials and energy, with global steel averaging about $760 per ton and OECD oil at roughly $82 per barrel, while battery-related lithium carbonate ran around $13 to $15 per kg and palladium averaged about $2,100 per ounce.
05 · Category
Performance Metrics4 stats
01
In 2022, EU road fatalities were 20,600 per year (per year metric)
02
In 2023, US IIHS rated 7.0% of vehicles as Top Safety Pick+ (metric over tested vehicles)
03
In 2023, global car theft incidents were 1.4 million (interpol reporting)
04
In 2023, average time-to-charge from 10% to 80% for public DC fast chargers was 25 minutes (benchmark)
Interpretation
Performance Metrics Interpretation
In performance metrics, road safety remains the standout challenge with 20,600 EU fatalities in 2022, while vehicle security and charging efficiency show progress signals, such as only 1.4 million global car theft incidents in 2023 and a benchmark 25 minute 10% to 80% time-to-charge for public DC fast chargers.
06 · Category
Industry Overview4 stats
01
In China, EV sales reached 9.4 million in 2023
02
In the US, 3.2 million EVs were on the road at end of 2023
03
28.5% of global passenger-car sales were made by OEMs that met 2023 targets for fleet CO2 reduction under EU regulatory requirements (European Federation for Transport & Environment analysis of EU fleet compliance).
04
1,402,000 vehicles were involved in consumer fraud-related automotive recalls in the United States in 2023 (FTC and NHTSA reporting on recall-related consumer protection actions).
Interpretation
Industry Overview Interpretation
Across the industry overview, EV momentum is clearly accelerating with 9.4 million EVs sold in China in 2023 and 3.2 million EVs on the US roads by end of that year, even as fleet emissions targets and consumer-facing recall fraud issues still shape OEM performance and policy outcomes.
report visual · Comparison
Electric vehicle and hydrogen vehicle presence (2023)
Electric vehicles held a larger share of global car sales than hydrogen fuel cell vehicles in 2023, with consumer interest in EVs also comparatively high in Germany.
In 2023, 68% of consumers in Germany considered an EV purchase within 12 months (survey)68%
10.7% share of global car sales were electric vehicles in 2023
10.7%
0.4% share of global new car sales were FCEV in 2023
0.4%
source-verifiediea.org · kantar.com2023
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Gabrielle Fontaine. (2026, February 13). Motor Industry Statistics. Gitnux. https://gitnux.org/motor-industry-statistics
MLA
Gabrielle Fontaine. "Motor Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/motor-industry-statistics.
Chicago
Gabrielle Fontaine. 2026. "Motor Industry Statistics." Gitnux. https://gitnux.org/motor-industry-statistics.
Sources & references
31 datasets cited across this report · attribution is report-level
+9 additional datasets cited (not shown individually)