Global EV Sales More Than Doubled In 2021
According to a report by the International Energy Agency (IEA), global electric vehicle (EV) sales increased to 6.6 million in 2021, up from 3 million in 2020 and 2.2 million in 2019. By comparison, sales of internal combustion engine (ICE) vehicles were flat year-over-year between 2020 and 2021. Total global 2021 car sales were about 74 million in 2021. The IEA estimated that there are now roughly 16 million EVs on the road worldwide consuming around 30 TWh of electricity per year.
China isn’t just the largest producer of renewable energy. It also has the greatest appetite for EVs. More than half of 2021 EV sales (3.4 million vehicles) were in China. The Chinese government has stated it wants EVs to make up 20% of total cars by 2025. Europe accounted for another 2.3 million of 2021 EV sales, while the US accounted for just over half a million. Of all EVs sold in 2021, 14% were manufactured by Tesla.
