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Global Electric Vehicle Fleet Hits 55.8 Million in 2024

Global Electric Vehicle Fleet Hits 55.8 Million in 2024

TECHxa day ago

Home » Smart Sectors » Energy » Global Electric Vehicle Fleet Hits 55.8 Million in 2024
The global electric vehicle fleet increased by around one-third in 2023, reaching a total of 55.8 million units. This was revealed in new data compiled by the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW), a German energy research institute.
The figures include fully electric vehicles, plug-in hybrids, and electric cars with range extenders. China led the global market with 31.4 million electric vehicles, accounting for more than 50 percent of the worldwide total.
The United States followed in second place with 6.4 million vehicles. Germany ranked third with 2.6 million, while the United Kingdom and France each reported approximately 2.1 million. Norway recorded just over 1 million electric vehicles.
However, growth in the global electric vehicle fleet showed signs of slowing. In 2024, the number of electric vehicles grew by 13.8 million slightly lower than the 14.2 million increase reported in 2023.
Key highlights: China accounts for over half of all electric vehicles worldwide.
U.S. and Germany follow in second and third positions, respectively.
Global EV growth in 2024 slightly declined compared to 2023.
Source: Emirates News Agency

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Global Electric Vehicle Fleet Hits 55.8 Million in 2024
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Global Electric Vehicle Fleet Hits 55.8 Million in 2024

Home » Smart Sectors » Energy » Global Electric Vehicle Fleet Hits 55.8 Million in 2024 The global electric vehicle fleet increased by around one-third in 2023, reaching a total of 55.8 million units. This was revealed in new data compiled by the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW), a German energy research institute. The figures include fully electric vehicles, plug-in hybrids, and electric cars with range extenders. China led the global market with 31.4 million electric vehicles, accounting for more than 50 percent of the worldwide total. The United States followed in second place with 6.4 million vehicles. Germany ranked third with 2.6 million, while the United Kingdom and France each reported approximately 2.1 million. Norway recorded just over 1 million electric vehicles. However, growth in the global electric vehicle fleet showed signs of slowing. In 2024, the number of electric vehicles grew by 13.8 million slightly lower than the 14.2 million increase reported in 2023. Key highlights: China accounts for over half of all electric vehicles worldwide. U.S. and Germany follow in second and third positions, respectively. Global EV growth in 2024 slightly declined compared to 2023. Source: Emirates News Agency

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The number of electric vehicles increased by around one-third last year to 55.8 million, with China and its 31.4 million vehicles accounting for more than 50 percent of the global total, according to calculations from a German energy research institute. The figures, complied by the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW), include fully electric vehicles, plug-in hybrids or electric cars with range extenders. In second place - with a significant gap from China's top spot - the United States follows with 6.4 million vehicles. Germany ranks third with 2.6 million. The United Kingdom and France each have around 2.1 million, while Norway has just over 1 million. After years of strong increases, a decline has been observed in 2024, the fleet grew by 13.8 million vehicles, compared to 14.2 million in 2023. WAM

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