Electric Vehicle (EV) Adoption Rates by …
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Writer sasasak_AndyKim Hit 1,352 Hit Date 25-01-17 00:38Content
EV adoption rates by country
Electric Vehicle (EV) Adoption Rates by Country (2023)
Country EV Market Share Source
Norway 79.6% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Iceland 58.4% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Sweden 39.8% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Netherlands 35.1% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
China 23.8% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Germany 19.6% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
United Kingdom 17.6% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
United States 8.1% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
South Korea 6.9% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Key Insights
Norway leads the world in EV adoption, with nearly 80% of new car sales being electric, driven by strong government incentives and extensive charging infrastructure.
China, the largest automotive market, has a 23.8% EV market share, supported by government policies and a growing domestic EV industry.
Countries like the United States and South Korea have lower EV adoption rates (8.1% and 6.9% respectively), indicating room for growth as infrastructure and incentives improve.
Global Trends
Growth: Global EV sales increased by 25% in 2024, showcasing accelerating adoption worldwide.
Source: https://www.reuters.com/business/autos-transportation/global-electric-vehicle-sales-up-25-record-2024-2025-01-14/
Regional Insights:
China: EV sales soared as gasoline vehicle sales declined.
Source: https://apnews.com/article/3f5860634a1d146446dd0dd9e78c2abb
South Korea: Hyundai’s slow EV ramp-up highlighted decarbonization challenges.
Source: https://www.reuters.com/business/autos-transportation/hyundais-slow-ev-ramp-up-india-hurts-its-decarbonisation-efforts-greenpeace-says-2025-01-14/
These sources provide a comprehensive look at the state of EV adoption globally, highlighting leaders and opportunities for growth.
Electric Vehicle (EV) Adoption Rates by Country (2023)
Country EV Market Share Source
Norway 79.6% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Iceland 58.4% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Sweden 39.8% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Netherlands 35.1% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
China 23.8% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Germany 19.6% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
United Kingdom 17.6% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
United States 8.1% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
South Korea 6.9% https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles
Key Insights
Norway leads the world in EV adoption, with nearly 80% of new car sales being electric, driven by strong government incentives and extensive charging infrastructure.
China, the largest automotive market, has a 23.8% EV market share, supported by government policies and a growing domestic EV industry.
Countries like the United States and South Korea have lower EV adoption rates (8.1% and 6.9% respectively), indicating room for growth as infrastructure and incentives improve.
Global Trends
Growth: Global EV sales increased by 25% in 2024, showcasing accelerating adoption worldwide.
Source: https://www.reuters.com/business/autos-transportation/global-electric-vehicle-sales-up-25-record-2024-2025-01-14/
Regional Insights:
China: EV sales soared as gasoline vehicle sales declined.
Source: https://apnews.com/article/3f5860634a1d146446dd0dd9e78c2abb
South Korea: Hyundai’s slow EV ramp-up highlighted decarbonization challenges.
Source: https://www.reuters.com/business/autos-transportation/hyundais-slow-ev-ramp-up-india-hurts-its-decarbonisation-efforts-greenpeace-says-2025-01-14/
These sources provide a comprehensive look at the state of EV adoption globally, highlighting leaders and opportunities for growth.
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