Electric VehicleElectric Vehicle Market Archives - TechGoing https://www.techgoing.com/tag/electric-vehicleelectric-vehicle-market/ Technology News and Reviews Fri, 26 May 2023 07:03:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 IDC: Global Electric Vehicle Market Close to 11 Million Units Last Year https://www.techgoing.com/idc-global-electric-vehicle-market-close-to-11-million-units-last-year/ Fri, 26 May 2023 07:03:19 +0000 https://www.techgoing.com/?p=100768 According to the latest data released by market research agency IDC, the global electric vehicle scale in 2022 will soon exceed 11 million units penetration rate of 14%. China’s electric vehicle market, driven by improved supply, high oil prices, government subsidies and vehicle company promotions, will reach nearly 7 million units in 2022, with a […]

The post IDC: Global Electric Vehicle Market Close to 11 Million Units Last Year appeared first on TechGoing.

]]> According to the latest data released by market research agency IDC, the global electric vehicle scale in 2022 will soon exceed 11 million units penetration rate of 14%.

China’s electric vehicle market, driven by improved supply, high oil prices, government subsidies and vehicle company promotions, will reach nearly 7 million units in 2022, with a 31.3% penetration rate.

The top three global players in 2022 are BYD, Tesla, and SAIC-GM Wuling (SAIC-GM Wuling), with a market share of 36.11%.

In the Chinese market, the top three are BYD, SAIC and Tesla, with a market share of 53%.

Note: In China’s electric vehicle market, the top 10 companies in 2022 are all local brands, except for Stella, which is in third place with a 10.3% market share.

The post IDC: Global Electric Vehicle Market Close to 11 Million Units Last Year appeared first on TechGoing.

]]>