Update on Global Transition to EVs: Briefing

Approximately 3.5 million EVs were sold in China in 2021, 150% higher than the 2020 level. Europe as a single market closely followed China as the world’s second largest EV market. Seven of the top ten national markets in terms of annual EV sales in 2021 were in Europe, including Germany, the United Kingdom, France, Norway, Italy, Sweden, and the Netherlands. The United States and South Korea ranked 3rd and 9th, respectively.

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