E-Mobility

Electric Car Stock Ramping Up at a Fast Pace

For a long time, electric cars were an inconvenient niche product for oddball ecologists. But with ever extending range, the emergence of plug-in hybrids and an increasingly dense network of charging points, e-vehicles are slowly competing with combustion-based vehicles.

As this chart shows, there are currently only three million e-vehicles on the streets around the globe, but the current growth rates are immense. With big manufacturers jumping on the electrified bandwagon and e-car champion Tesla guiding the whole development, its seems to be only a matter of time until combustion engines are an outdated niche products for coal rolling oddballs.

Description

the chart shows the global electric vehicle stock by year and engine type.

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Electric battery and plug-in hybrid car fleet worldwide from 2005 to 2022 (in thousands)
Estimated number of electric vehicles in use worldwide between 2010 and 2024, by type
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Total electric vehicle stock volume in China from 2009 to 2023 (in 1,000 units)
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Electric battery vehicle fleet worldwide from 2005 to 2022 (in thousands)
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Battery electric vehicle (BEV) stock volume in China from 2009 to 2020 (in 1,000 units)
Electric commercial vehicle stock worldwide in 2021, by vehicle type

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