Latest news with #ZSW
Gulf Today
5 hours ago
- Automotive
- Gulf Today
Electric vehicles worldwide reach 56 million: Report
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
Al Etihad
11 hours ago
- Automotive
- Al Etihad
Some 56 million electric vehicles worldwide; China dominates
27 June 2025 09:40 Stuttgart (dpa)Worldwide, 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% of the total, calculations from a German energy research group 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 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 at fleet growth, which also accounts for vehicle attrition, presents an interesting but challenging picture. 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 is surprising, as new registrations continued to rise significantly. There is now a gap of 3.7 million vehicles between new registrations and fleet growth, primarily attributed to China. In previous years, this gap was only a few hundred thousand vehicles. Surprise in China "We were initially surprised by the figures from China," said Andreas Püttner from ZSW. He suspects that a combination of several factors explains the significant difference between new registrations and fleet growth in one, there is now an increasing stock of older vehicles, particularly in China, leading to more vehicles being scrapped or is also driven by a rapidly growing variety of models with ever-improving digital technology and range, as well as a strong customer desire for the latest German manufacturers in the top 10 When it comes to car manufacturers, China's BYD has extended its lead. The brand now has cumulative registration figures of 10.6 million vehicles over the years, far ahead of the next competitors Tesla with 7.3 million and Volkswagen with 4.3 and Mercedes-Benz also made it into the top 10, with BMW ranking sixth with nearly 2.5 million vehicles and Mercedes-Benz is in eighth place with 1.6 million. Fleet figures are not available here but are likely to be significantly the ZSW warns against being misled by the strong position of German manufacturers when it comes to cumulative registration figures."Due to the size of the Chinese market and the dominance of Chinese manufacturers there, more and more manufacturers that are still relatively unknown in Europe are pushing into the global top 10. Last year, six out of 10 carmakers in worldwide new registrations were Chinese, the ZSW said. Mercedes has dropped out of the top 10 worldwide.
