EV Market Share in 17 Nations — USA, China, & 15 European Nations

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Whereas creating an article rounding up US electrical car gross sales stats, it additionally got here to thoughts to spherical up some nation EV market share stats and charts. Max Holland does a fantabulous job of monitoring and reporting intimately on EV gross sales and EV market share in France, the UK, Germany, Sweden, and Norway. Nevertheless, we don’t typically mix and examine these and different nation markets. Let’s take a look at how 15 totally different European nations in addition to China and the US are doing in a couple of charts.

To start out with, I’m together with a few full-year chart in addition to a quarterly chart. Nevertheless, we don’t but have the 2023 figures for many of those nations or their This autumn 2023 figures. I’m amassing these from EU-EVs, and can publish an replace once we get these remaining 2023 figures in. Additionally, observe that Belgium is just not included within the 2022 chart, whereas China is just not included within the quarterly charts (I plan to incorporate it within the subsequent version however couldn’t on this version).

Wanting on the 2022 market share chart, after all, Norway (81.5%) is way out within the lead, because it has been for greater than a decade. Sweden has a really strong 33.7%, after which three extra nations are above 20% — the Netherlands (23.2%), China (22%), and Denmark (20.8%). The US, for these curious, is down close to the underside at 5.5%. Sure, it rose to 7.2% in 2023, however as you may see, that’s seemingly not sufficient to climb up the chart.

This second chart exhibits how these markets modified from 2021 to 2022. As you may see, each market had elevated EV market share in 2022 aside from Italy, which Carlo Ombello was monitoring and masking for us till issues actually went south.

Apparently, enormous progress occurred on the prime of the chart — Norway and Sweden each noticed progress of about 14 share factors yr over yr. The following finest in that regard was China, with progress of 10 share factors. The US noticed 2.5 share factors of progress — admittedly, not too sizzling on this context.

Since we don’t have the full-year 2023 outcomes but, let’s additionally take a look at the Q1–Q3 2023 figures.

Fascinating sufficient, Norway’s quarterly EV market share development in 2023 was downward. Nonetheless, even the bottom — third quarter — outcome was above the 2022 outcome. Most different nations noticed their EV market share march upward. Although, down on the backside of the chart — the place the USA, Spain, and Italy hang around — there wasn’t a lot change in any respect occurring.

Do any massive takeaways from these charts leap out at you? Every other requests for EV gross sales experiences on this realm?