Automotive Industry: Current State of EV Sales: Difference between revisions

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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 ===