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== EV Outlook == | == EV Outlook == | ||
According to International Energy Agency(IEA), the electric car market is seeing exponential growth<ref>https://iea.blob.core.windows.net/assets/dacf14d2-eabc-498a-8263-9f97fd5dc327/GEVO2023.pdf</ref>. Here is a summary of its Global EV Outlook 2023 publication. | According to International Energy Agency(IEA), the electric car market is seeing exponential growth<ref name=":1">https://iea.blob.core.windows.net/assets/dacf14d2-eabc-498a-8263-9f97fd5dc327/GEVO2023.pdf</ref>. Here is a summary of its Global EV Outlook 2023 publication. | ||
=== Number of EV Sales Per Year === | === Number of EV Sales Per Year === | ||
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== State of EV Competition == | == State of EV Competition == | ||
=== Global Market Share of EV Makers === | |||
* As of 2022, BYD lead with a market share of 18% followed by Tesla with a market share of around 13%<ref name=":1" />. | |||
* Volkswagen came third with a market share of around 8%.[[File:Global EV market share.png|thumb|681x681px|Source: IEA Global EV Outlook 2023]] | |||
=== U.S Market === | === U.S Market === |