Assessment of the global market for electrified vehicles in 2017
- Last year, 1.2 million 100% electric vehicles (BEVs) and plug-in hybrids (PHEVs) were sold worldwide, as well as 1.4 million non-rechargeable hybrid vehicles (HEVs), for a total of 2.6 million vehicles with alternative engines, ie 2.8% of the world market (VP + LCV). Of this total, China bought 725,000 units (including 470,000 100% electric cars), Europe 640,000 (including 137,000 100% electric cars), Japan 600,000 (including 20,000 100% electric cars) and the United States 560,000 (including 107,000 100% electric cars).
- China, which has made electrification of vehicles a strategic priority to fight against air pollution, bought 4 times more electric cars than the US and 3 times more than Europe. And in 2019, quotas imposed by the Chinese government could increase the Chinese volume by a factor of 4 (nearly 2 million 100% electric cars according to Inovev).
- At the end of 2017, the BEV and PHEV global fleet reached 3 million units worldwide, of which two-thirds were 100% electric (BEV). China alone accounted for nearly 40% of this total. This proportion should increase in 2018 and especially in 2019.
- In terms of market share, however, Norway is the most advanced country in the world in electrification in 2017, with 39% of cars sold electrified, ahead of Iceland (12%) and Sweden (6.5%) . In China, their market share is only 2.2% but in the cities of Beijing, Shanghai or Shenzhen, this share already exceeds 10%.
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