Numbers from EV Volumes Database show global adoption of EV surges in 2023 Q1 and is 40% higher than EV adoption in 2022. Quarter-by-quarter sales are increasing exponentially. Globally over 10% of all light vehicles are BEV. Over 20% of new light vehicles are trucks and pickups and that market segment has a minimal supply of electric vehicles currently.
In Norway, 80.7% were fully electric (up from 73% in 2022), 16% hybrid, 2.1% diesel and 1.2% petrol
![Global EV Adoption surges from EV Volumes database](https://changediscussion.com/wp-content/uploads/2023/06/Global-EV-Adoption-1024x608.png)
NB. Numbers from different sources vary. CleanTechnica, Seeking Alpa, EV Volumes all show different numbers. PwC show that the increase from Q1 2022 to Q1 2023 rose by over 29%. March slowed to 22% YoY.
China is driving the change, although the USA and Europe are also rapidly increasing.
Snapshot of 2023 EV News by Seeking Alpha
Seeking Alpha provided this update
- Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share.
- EV market news – EPA proposes auto pollution limits to aggressively boost EV sales. IEA says “nearly one in five cars sold globally this year will be electric”.
- EV company news – BYD overtakes Volkswagen as China’s best-selling car brand.
- Tesla overtakes Audi in global car sales.
- Volkswagen plans 10 more EV models by 2026.
Fully electric vehicles (BEVs) represented 72% of plugin registrations in March, pulling up its year-to-date tally by two percentage points to 68% share.
Global Adoption of EV Surges 2023 – All Vehicles
Tesla’s Market Share
![Tesla share EV Adoption surges 2023](https://changediscussion.com/wp-content/uploads/2023/06/Global-EV-Adoption-Tesla-1024x600.png)
EV Surges 2023 in USA
The US electric vehicle market has been growing strongly year after year. Sales in 2023 Q1 were double than 2021 Q1. More than 5 times three years ago. Pure electric vehicle sales rose to 7.1% of US auto sales in the 1st quarter of 2023.
![](https://changediscussion.com/wp-content/uploads/2023/06/US-BEV-market-Q1-2023--1024x319.webp)
China EV Sales
China plug-in car sales Increased In March 2023 to over 34% share and up 36% YoY.
![](https://changediscussion.com/wp-content/uploads/2023/06/PWC-2-1024x579.jpg)
Top 20 Brands in 2023 Q1 (Jan-Mar)
Cleantechnica has an image of the EVs cars sold globally. Note the large number of Chinese brands sold.
![Top selling electric vehicles surge in 2023 Q from CleanTechnica](https://changediscussion.com/wp-content/uploads/2023/06/World-Best-Selling-EV-Models-YTD-January-March-2023-785x1024.webp)
Global Growth
![](https://changediscussion.com/wp-content/uploads/2023/06/PWC-1-1024x579.jpg)
Exponential Growth
EV Volumes forecast 14,3 million EV sales in 2023 with a market share of 17 % in global light vehicle sales. EV sales grow by +36 % in a global light vehicle market increasing +5 %
![](https://changediscussion.com/wp-content/uploads/2023/06/EV-volumes-1024x767.jpg)
![](https://changediscussion.com/wp-content/uploads/2023/06/EV-fleet-1024x727.png)
Comments are closed.