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Global sales of EVs increased by 39% YoY in 2020: Report - The Hindu BusinessLine

Electric vehicles up 39% as overall car market collapses

Electric vehicles up 39% as overall car market collapses
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Global EV Sales Growth Leads Industry in 2020 | Transportation

Global sales of electric vehicles in 2020 surged despite a drop in overall sales of passenger cars, according to a report from Canalys. Sales of EVs jumped 39 percent globally, reaching 3.1 million units, while sales of passenger vehicles fell 14 percent. Europe was a prime driver of EV sales last year, with the vehicles garnering 11.5 percent of new car sales in the region.

Electric vehicles global sales jump 39% in 2020, 3 1 million units sold

Electric vehicles global sales jump 39% in 2020, 3.1 million units sold Approximately 1.3 million EVs were sold in both China and Europe in 2020, four times the EV sales in the US Nidhi Singal | February 9, 2021 | Updated 12:31 IST Research firm Canalys forecasts the number to climb in the coming years with 30 million EVs to be sold in 2028. Amidst a decline in the sales of the passenger car market in 2020, electric vehicles (EVs) have shown signs of growth. The global sales of EVs in 2020 increased by 39 per cent year on year to 3.1 million units, where the total passenger car market declined 14 per cent. Research firm Canalys forecasts the number to climb in the coming years with 30 million EVs to be sold in 2028. EVs are also expected to represent nearly half of all passenger cars sold globally by 2030.

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