Automotive Exports May 2022

EV sales break
record globally
in 2021, market
share drastically
up
The market share of electric vehicles
around the world increased 41 times in
the last 10 years and reached 8.3%. Last
year, electric vehicle sales reached 6.75
million, up 108% from earlier.
Within the scope of the goals of
combating climate change, countries
are accelerating the conversion to low
carbon technologies to reduce their
fossil fuel consumption. While electric
vehicles are critical in reducing emissions
from the transportation sector,
automobile brands’ investments and
brand models in this area are increasing
rapidly.
The transformation in the electric
vehicle market is reflected in sales at
the same pace. Last year, all of the net
growth in the global vehicle market
came from electric vehicles.
Global electric vehicle sales reached 6.75
million in 2021, an all-time high, with
an increase of 108% compared to the
previous year, according to an Anadolu
Agency (AA) report, which cited data
from the EV-volumes.com.
Electric vehicle sales were 3.24 million in
2020 despite the pandemic.
While the market share of electric
vehicles was 0.2% in 2012, it reached
8.3% with the record sales last year.
Last year also saw the biggest annual
growth of the last 10 years in electric
vehicles.
China was the country where the most
electric vehicle sales were recorded last
year, with 3.4 million. Compared to the
previous year, sales in China increased
by 155%, or 2.06 million.
While 2.3 million electric vehicles were
sold in Europe, this figure was up by 66%
compared to 2020. While the U.S. ranks
third with 735,000 electric vehicle sales,
some 114,500 electric vehicles were sold
in South Korea.
Electric vehicle sales in Israel, Australia,
India and Japan were over 10,000.
Meanwhile, according to the
International Energy Agency (IEA) data,
130,000 electric vehicles were sold
throughout the year in 2012, while this
figure was reached in a week in 2021.
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