GITNUXREPORT 2025

Vehicle Industry Statistics

Global vehicle production hit 80 million in 2022 amid rising electric and autonomous innovations.

Jannik Lindner

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Key Statistics

Statistic 1

The number of patents filed related to autonomous vehicle technology increased by 20% from 2021 to 2022

Statistic 2

The adoption of fuel cell vehicles remains below 1% of total electric vehicle sales globally as of 2023

Statistic 3

The average CO2 emissions from new vehicles in the US declined by 12% from 2010 to 2022

Statistic 4

In 2022, global vehicle emissions reduction efforts saved approximately 800 million tons of CO2

Statistic 5

The global vehicle production was approximately 80 million units in 2022

Statistic 6

China is the largest automotive market, with over 25 million vehicle sales in 2022

Statistic 7

Electric vehicle charging stations worldwide numbered over 1.8 million in 2022

Statistic 8

The automotive industry contributed approximately $1.5 trillion to the global economy in 2022

Statistic 9

The global market for autonomous vehicles is expected to reach $556 billion by 2027

Statistic 10

Hybrid vehicles make up about 3.6% of the global car fleet as of 2022

Statistic 11

Approximately 90% of all vehicles produced globally are manufactured in Asia

Statistic 12

The total number of electric vehicles sold worldwide surpassed 10 million units in 2022

Statistic 13

The average cost of a new vehicle in the US was around $48,000 in 2022

Statistic 14

The global used car market is valued at over $1.3 trillion as of 2023

Statistic 15

North America is responsible for about 25% of global vehicle production

Statistic 16

The global aftermarket auto parts market is expected to reach $722 billion by 2028

Statistic 17

The number of autonomous vehicles tested on roads globally exceeds 370,000

Statistic 18

The number of registered electric vehicles in Europe surpassed 2 million in 2022

Statistic 19

The commercial vehicle segment accounts for about 15% of vehicle sales worldwide

Statistic 20

Global vehicle fleet is projected to reach 2.8 billion units by 2030

Statistic 21

The global car-sharing market is valued at approximately $8 billion in 2023 and expected to grow at a CAGR of 24% through 2030

Statistic 22

Asia-Pacific holds over 55% of the global electric vehicle market share in 2023

Statistic 23

The percentage of lightweight vehicles (under 3000 lbs) in the US is approximately 65%

Statistic 24

The global automotive adhesives market is projected to reach $7.4 billion by 2027

Statistic 25

The number of electric trucks sold worldwide exceeded 200,000 units in 2022

Statistic 26

The global market for automotive cybersecurity is expected to reach $2.3 billion by 2025

Statistic 27

The average sales price of a luxury vehicle is approximately $85,000 globally

Statistic 28

The number of heavy-duty trucks registered globally is about 13 million as of 2023

Statistic 29

The global automotive manufacturing sector is expected to invest over $300 billion in EV manufacturing by 2027

Statistic 30

Approximately 60% of new vehicles in the US are purchased through financing or leasing arrangements in 2023

Statistic 31

The global aftermarket automotive telematics market is expected to reach $5.4 billion by 2027

Statistic 32

The US remains the second-largest importer of vehicles after China, with import value exceeding $200 billion annually

Statistic 33

Electric vehicles accounted for nearly 14% of all new car sales worldwide in 2022

Statistic 34

The average age of cars on the road in the United States is over 12 years

Statistic 35

The average fuel economy of new vehicles in the US was about 25 mpg in 2022

Statistic 36

The annual number of vehicle recalls in the US exceeds 50 million units

Statistic 37

The automotive sector's employment worldwide accounts for approximately 10 million jobs

Statistic 38

The share of lithium-ion batteries used in electric vehicles increased by 30% in 2022

Statistic 39

The average warranty period for new cars is about 3 years or 36,000 miles

Statistic 40

The average price for a battery electric vehicle (BEV) has decreased by 35% since 2018

Statistic 41

In 2022, more than 85% of new vehicles sold in Norway were electric

Statistic 42

The automotive industry faces a projected shortage of 1.3 million skilled workers globally by 2030

Statistic 43

The average life cycle of a vehicle's powertrain is around 150,000 miles

Statistic 44

Around 40% of all new vehicles sold in Europe in 2023 are equipped with advanced driver assistance systems (ADAS)

Statistic 45

The average duration from vehicle design to production is approximately 5 years

Statistic 46

The share of electric buses in global public transportation fleets grew by 25% in 2022

Statistic 47

The percentage of vehicles sold with integrated connectivity features increased to 70% in 2023

Statistic 48

The average number of automotive recalls per year is around 30,000 in the US

Statistic 49

The proportion of vehicles in inventory at dealerships increased by 15% during the 2023 supply chain disruptions

Statistic 50

The global lithium demand for battery manufacturing is expected to grow by 600% by 2050

Statistic 51

The average downtime of vehicles due to maintenance is approximately 4 days per year

Statistic 52

The average annual growth rate of global vehicle sales from 2018 to 2022 was approximately 3%

Statistic 53

The penetration of connected vehicle technology in new cars is projected to reach 90% globally by 2025

Statistic 54

The average fuel consumption for heavy trucks globally is approximately 6.2 miles per gallon

Statistic 55

The percentage of vehicles equipped with safety features such as lane departure warning systems increased to over 50% in 2023

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Key Highlights

  • The global vehicle production was approximately 80 million units in 2022
  • Electric vehicles accounted for nearly 14% of all new car sales worldwide in 2022
  • The average age of cars on the road in the United States is over 12 years
  • China is the largest automotive market, with over 25 million vehicle sales in 2022
  • Electric vehicle charging stations worldwide numbered over 1.8 million in 2022
  • The automotive industry contributed approximately $1.5 trillion to the global economy in 2022
  • The global market for autonomous vehicles is expected to reach $556 billion by 2027
  • The average fuel economy of new vehicles in the US was about 25 mpg in 2022
  • Hybrid vehicles make up about 3.6% of the global car fleet as of 2022
  • The annual number of vehicle recalls in the US exceeds 50 million units
  • Approximately 90% of all vehicles produced globally are manufactured in Asia
  • The total number of electric vehicles sold worldwide surpassed 10 million units in 2022
  • The average cost of a new vehicle in the US was around $48,000 in 2022

The automotive industry is accelerating into a transformative era, with global vehicle production reaching 80 million units in 2022, electric vehicles soaring past 10 million sales worldwide, and innovations like autonomous and connected cars shaping a future where sustainability, technology, and economic impact are more intertwined than ever.

Autonomous Vehicles, Connectivity, and Future Innovations

  • The number of patents filed related to autonomous vehicle technology increased by 20% from 2021 to 2022

Autonomous Vehicles, Connectivity, and Future Innovations Interpretation

The surge in autonomous vehicle patent filings by 20% from 2021 to 2022 signals that the industry is rapidly shifting gears from garage dreams to road-ready innovations.

Electric and Alternative Powertrain Technologies

  • The adoption of fuel cell vehicles remains below 1% of total electric vehicle sales globally as of 2023

Electric and Alternative Powertrain Technologies Interpretation

Despite promises of a hydrogen-powered future, fuel cell vehicles still barely register on the global electric vehicle sales radar, accounting for less than 1% in 2023—a reminder that innovation often moves at a cautious pace.

Environmental Impact and Regulatory Factors

  • The average CO2 emissions from new vehicles in the US declined by 12% from 2010 to 2022
  • In 2022, global vehicle emissions reduction efforts saved approximately 800 million tons of CO2

Environmental Impact and Regulatory Factors Interpretation

While a 12% drop in average CO2 emissions from new US vehicles and global efforts saving 800 million tons in 2022 signal progress, they also underscore the urgent need to accelerate innovation and policy measures in the race to curb automotive emissions effectively.

Market Size, Sales, and Consumer Insights

  • The global vehicle production was approximately 80 million units in 2022
  • China is the largest automotive market, with over 25 million vehicle sales in 2022
  • Electric vehicle charging stations worldwide numbered over 1.8 million in 2022
  • The automotive industry contributed approximately $1.5 trillion to the global economy in 2022
  • The global market for autonomous vehicles is expected to reach $556 billion by 2027
  • Hybrid vehicles make up about 3.6% of the global car fleet as of 2022
  • Approximately 90% of all vehicles produced globally are manufactured in Asia
  • The total number of electric vehicles sold worldwide surpassed 10 million units in 2022
  • The average cost of a new vehicle in the US was around $48,000 in 2022
  • The global used car market is valued at over $1.3 trillion as of 2023
  • North America is responsible for about 25% of global vehicle production
  • The global aftermarket auto parts market is expected to reach $722 billion by 2028
  • The number of autonomous vehicles tested on roads globally exceeds 370,000
  • The number of registered electric vehicles in Europe surpassed 2 million in 2022
  • The commercial vehicle segment accounts for about 15% of vehicle sales worldwide
  • Global vehicle fleet is projected to reach 2.8 billion units by 2030
  • The global car-sharing market is valued at approximately $8 billion in 2023 and expected to grow at a CAGR of 24% through 2030
  • Asia-Pacific holds over 55% of the global electric vehicle market share in 2023
  • The percentage of lightweight vehicles (under 3000 lbs) in the US is approximately 65%
  • The global automotive adhesives market is projected to reach $7.4 billion by 2027
  • The number of electric trucks sold worldwide exceeded 200,000 units in 2022
  • The global market for automotive cybersecurity is expected to reach $2.3 billion by 2025
  • The average sales price of a luxury vehicle is approximately $85,000 globally
  • The number of heavy-duty trucks registered globally is about 13 million as of 2023
  • The global automotive manufacturing sector is expected to invest over $300 billion in EV manufacturing by 2027
  • Approximately 60% of new vehicles in the US are purchased through financing or leasing arrangements in 2023
  • The global aftermarket automotive telematics market is expected to reach $5.4 billion by 2027
  • The US remains the second-largest importer of vehicles after China, with import value exceeding $200 billion annually

Market Size, Sales, and Consumer Insights Interpretation

With over 80 million vehicles produced globally in 2022, including 25 million sold in China, the rise of electric and autonomous cars—already surpassing 10 million EVs globally and tested on over 370,000 roads—points to an industry where trillion-dollar investments and groundbreaking innovations are steering us toward a future where mobility is not just a journey but a high-stakes race fueled by data, infrastructure, and global market shifts.

Market Trends and Industry Performance

  • Electric vehicles accounted for nearly 14% of all new car sales worldwide in 2022
  • The average age of cars on the road in the United States is over 12 years
  • The average fuel economy of new vehicles in the US was about 25 mpg in 2022
  • The annual number of vehicle recalls in the US exceeds 50 million units
  • The automotive sector's employment worldwide accounts for approximately 10 million jobs
  • The share of lithium-ion batteries used in electric vehicles increased by 30% in 2022
  • The average warranty period for new cars is about 3 years or 36,000 miles
  • The average price for a battery electric vehicle (BEV) has decreased by 35% since 2018
  • In 2022, more than 85% of new vehicles sold in Norway were electric
  • The automotive industry faces a projected shortage of 1.3 million skilled workers globally by 2030
  • The average life cycle of a vehicle's powertrain is around 150,000 miles
  • Around 40% of all new vehicles sold in Europe in 2023 are equipped with advanced driver assistance systems (ADAS)
  • The average duration from vehicle design to production is approximately 5 years
  • The share of electric buses in global public transportation fleets grew by 25% in 2022
  • The percentage of vehicles sold with integrated connectivity features increased to 70% in 2023
  • The average number of automotive recalls per year is around 30,000 in the US
  • The proportion of vehicles in inventory at dealerships increased by 15% during the 2023 supply chain disruptions
  • The global lithium demand for battery manufacturing is expected to grow by 600% by 2050
  • The average downtime of vehicles due to maintenance is approximately 4 days per year
  • The average annual growth rate of global vehicle sales from 2018 to 2022 was approximately 3%
  • The penetration of connected vehicle technology in new cars is projected to reach 90% globally by 2025
  • The average fuel consumption for heavy trucks globally is approximately 6.2 miles per gallon
  • The percentage of vehicles equipped with safety features such as lane departure warning systems increased to over 50% in 2023

Market Trends and Industry Performance Interpretation

As the automotive industry accelerates toward electrification and connectivity, with electric vehicle sales soaring to nearly 14% worldwide in 2022 and over 85% of new cars in Norway being electric, it is clear that while aging fleets and mounting recalls pose challenges, rapid advancements in battery technology, safety features, and skilled labor shortages signal a transformative road ahead—where innovation and adaptation will determine who drives into the future.

Sources & References