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In 2010, the Chinese automotive industry became the largest in the world, surpassing the United States. Following a 59 percent year-on-year sales increase, China's car sales exceeded those of the US in 2009, with 13.6 million vehicles sold within the country compared to just over 10 million in the US. [61]
Tesla's China EV market share grew to 12% in the first 10 months of 2023, up from 10% in 2022, while BYD's share rose to 27% from 21% over the same period as its lower-end rivals stumbled ...
[18] [19] Norway has the highest market penetration per capita in the world, [20] and also has the world's largest plug-in segment market share of new car sales, 86.2% in 2021. [21] Over 10% of all passenger cars on Norwegian roads were plug-ins in October 2018, and rose to 22% in 2021.
EV sales in China, the world's largest auto market, increased 29% year-to-date in September. China is entering the final two months of the year which are seasonally high for vehicle sales ...
The U.S. and Canada were in third place, behind China and Europe, with 1.3 million units in sales. But Chinese manufacturers could find comfort in strong EV sales growth in emerging markets.
BYD e6 battery electric taxi in Shenzhen, China Foton BJ6129EVCA-N1 battery electric bus in Beijing, China E-bikes with an estimated fleet of 120 million in early 2010. The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) in 2023 [1] and more than 1.28 million exports in 2024. [2]
Global electric and plug-in hybrid vehicle sales in January rose 18% year on year, as growth in Europe and the United States outpaced China for the first time since last February, research firm ...