Number of electric vehicles in use by type 2016-2022

There were about 25.9 million electric vehicles in operation worldwide in 2022. That year, all-electric vehicles accounted for about 69.5 percent of plug-in electric vehicles.

Electric vehicle market growth

Globally, electric vehicle sales soared to approximately 10.2 million units in 2022. While conventional vehicle sales slumped amid the outbreak of the coronavirus pandemic, the market share of electric vehicles increased to between four and five percent in 2020, and has been rising ever since. China was the market with the largest battery electric vehicle fleet in 2022, accounting for around 11 million of the world's battery electric vehicle population.

Manufacturers leading the Chinese market

Leading the Chinese battery electric vehicle market in 2021 was domestic manufacturer BYD. The company has been acknowledged for its innovation in battery technology. BYD also began manufacturing vehicles in foreign countries in 2015. State-owned SAIC Motor is also one of the leading domestic manufacturers of vehicles. As the world’s largest passenger car market, international manufacturers are also attracted to China. They operate in joint ventures with Chinese companies. Volkswagen and SAIC have one of the oldest partnerships in the automotive industry. GM has a joint venture with SAIC .