In 2028, the battery-electric vehicle revenue in Sweden is forecast to reach some 14 billion U.S. dollars. The plug-in hybrid electric vehicle revenue, in contrast, was projected to amount to some 5.4 billion U.S. dollars. The BEV revenue surpassed the PHEV revenue in 2022.
Projected electric vehicle revenue in Sweden between 2016 and 2028, by propulsion type
(in billion U.S. dollars)
Characteristic
Battery-electric vehicles
Plug-in hybrid electric vehicles
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based on a September 2023 data modelling which reflects the market impacts of Russia's war on Ukraine.
Supplementary notes
The Electric Vehicles market includes information about electric vehicles in countries where, according to our sources, a public electric vehicle charging infrastructure is already available. In this context, “public” means that people have unrestricted access to the charging infrastructure. A vehicle can be defined as electric if it is self-contained with a battery or classified as a plug-in hybrid. All key figures shown represent the sales of new cars, and their basic configuration in the respective year. The figures do not include the sale of used vehicles nor adapted equipment for the new cars sold. The prices and revenues shown are accordingly based on the basic models. The Electric Vehicle market is divided into distinct two distinct markets, namely Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). This categorization allows for a nuanced understanding of the market dynamics, considering the specific attributes and market penetration of each electric vehicle type. The emphasis on new car sales and their foundational configurations ensures clarity, while the exclusion of used vehicles and customizations maintains focus on the evolving landscape of electric vehicles.
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Statista. (August 31, 2023). Projected electric vehicle revenue in Sweden between 2016 and 2028, by propulsion type (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1484245/sweden-electric-vehicle-revenue-forecast-by-propulsion-type/
Statista. "Projected electric vehicle revenue in Sweden between 2016 and 2028, by propulsion type (in billion U.S. dollars)." Chart. August 31, 2023. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1484245/sweden-electric-vehicle-revenue-forecast-by-propulsion-type/
Statista. (2023). Projected electric vehicle revenue in Sweden between 2016 and 2028, by propulsion type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1484245/sweden-electric-vehicle-revenue-forecast-by-propulsion-type/
Statista. "Projected Electric Vehicle Revenue in Sweden between 2016 and 2028, by Propulsion Type (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Aug 2023, https://www.statista.com/statistics/1484245/sweden-electric-vehicle-revenue-forecast-by-propulsion-type/
Statista, Projected electric vehicle revenue in Sweden between 2016 and 2028, by propulsion type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1484245/sweden-electric-vehicle-revenue-forecast-by-propulsion-type/ (last visited September 09, 2024)
Projected electric vehicle revenue in Sweden between 2016 and 2028, by propulsion type (in billion U.S. dollars) [Graph], Statista, August 31, 2023. [Online]. Available: https://www.statista.com/statistics/1484245/sweden-electric-vehicle-revenue-forecast-by-propulsion-type/