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== Global EV Revenues == | == Global EV Revenues == | ||
=== Projected EV Revenues === | |||
* According to Statista, global EV revenue is projected to rise by 4% year-over-year to 561.4 billion in 2023<ref>https://www.statista.com/outlook/mmo/electric-vehicles/worldwide</ref>. | |||
{| class="wikitable" | |||
|'''Period''' | |||
|'''Total EV revenue($ billion)''' | |||
|'''Growth(%)''' | |||
|'''Battery EV revenue''' | |||
|'''Growth(%)''' | |||
|'''Plug-In EV revenue''' | |||
|'''Growth(%)''' | |||
|- | |||
|2016 | |||
|44.73 | |||
| | |||
|26.74 | |||
| | |||
|17.99 | |||
| | |||
|- | |||
|2017 | |||
|69.02 | |||
|54.30% | |||
|42.79 | |||
|60.02% | |||
|26.23 | |||
|45.80% | |||
|- | |||
|2018 | |||
|112.87 | |||
|63.53% | |||
|72.55 | |||
|69.55% | |||
|40.32 | |||
|53.72% | |||
|- | |||
|2019 | |||
|121.48 | |||
|7.63% | |||
|85.07 | |||
|17.26% | |||
|36.41 | |||
| -9.70% | |||
|- | |||
|2020 | |||
|176.08 | |||
|44.95% | |||
|113.5 | |||
|33.42% | |||
|62.58 | |||
|71.88% | |||
|- | |||
|2021 | |||
|352 | |||
|99.91% | |||
|229.5 | |||
|102.20% | |||
|122.5 | |||
|95.75% | |||
|- | |||
|2022 | |||
|538.8 | |||
|53.07% | |||
|359.2 | |||
|56.51% | |||
|179.6 | |||
|46.61% | |||
|- | |||
|2023 | |||
|561.4 | |||
|4.19% | |||
|376.8 | |||
|4.90% | |||
|184.6 | |||
|2.78% | |||
|- | |||
|2024 | |||
|623.4 | |||
|11.04% | |||
|422.8 | |||
|12.21% | |||
|200.6 | |||
|8.67% | |||
|- | |||
|2025 | |||
|687.8 | |||
|10.33% | |||
|475.1 | |||
|12.37% | |||
|212.7 | |||
|6.03% | |||
|- | |||
|2026 | |||
|744.7 | |||
|8.27% | |||
|534.9 | |||
|12.59% | |||
|209.8 | |||
| -1.36% | |||
|- | |||
|2027 | |||
|812.5 | |||
|9.10% | |||
|603.1 | |||
|12.75% | |||
|209.4 | |||
| -0.19% | |||
|- | |||
|2028 | |||
|906.7 | |||
|11.59% | |||
|681.2 | |||
|12.95% | |||
|225.5 | |||
|7.69% | |||
|} | |||
== State of EV Competition == | == State of EV Competition == |