Electric vehicle sales will grow 38% in 2023

by time news

2023-05-22 08:00:25

Global sales of electric and hybrid vehicles will grow 38% in 2023 compared to 2022, to 14.5 million units and will account for 55% of total transactions by 2030, according to a report published this Thursday. the EY consultant.

The study concludes that in 2022 sales of this type of car increased by 55% compared to the previous year to 10.5 million and accounted for 13% of operations.

In addition, the provisions reached 16.8 million units in a context of “frequent interruptions in the supply chains, increases in the prices of raw materials, energy and high inflation due to the situation geopolitics and economic”.

Demand increased due to buyer’s growing environmental awareness (38%), in addition to an increasingly favorable regulatory environment and an increase in the variety of offer.

EY estimates that by 2030 sales of this type of vehicle will represent more than half of global transactions (55%), which would mean that the market will increase by 74% in Europe and 43% in the United States.

In fact, the report concludes that 52% of users considering buying a vehicle in the next two years will opt for an electric or hybrid one.

In addition, sales of this type of vehicle will exceed other propulsion systems in Europe by 2027.

To promote the definitive deployment of the electric car, EY proposes to invest in the optimization and autonomy of the production chain, decarbonize the mobility of all its processes or implement a public access charging network.

Likewise, he believes it is necessary to modernize and increase the security of the supply network, digitize the network and manage talent.

#Electric #vehicle #sales #grow

You may also like

Leave a Comment