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Global Sales of Electric Cars Accelerate Fast In 2020 Despite Pandemic

Wednesday January 20, 2021. 02:25 AM , from Slashdot
An anonymous reader quotes a report from The Guardian: Global sales of electric cars accelerated fast in 2020, rising by 43% to more than 3 million, despite overall car sales slumping by a fifth during the coronavirus pandemic. Tesla was the brand selling the most electric cars, delivering almost 500,000, followed by Volkswagen. Sales of electric cars more than doubled in Europe, pushing the region past China as the world's biggest market for them, according to data published on Tuesday by EV-volumes.com, a Sweden-based consultancy.

Sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) made up 4.2% of the global car market, up from 2.5% in 2019. The rising sales are being driven by government policies to reduce carbon emissions, but a key factor is that electric cars are simply a better technology, said Viktor Irle, sales and marketing analyst at EV-volumes.com. Sales of electric cars did fall below 2019's levels from March to June, at the height of the Covid-19 lockdowns, but recovered strongly after that and by December were at double the level in December 2019.

There are about 150 new BEV and PHEV models expected on the market in 2021. This indicates that 2021 will see continued growth, said Irle, who estimates sales of about 4.6m electric cars by the end of the year. The EV-volumes.com data showed the five highest national sales were in China (1.3m), Germany (0.4m), the US (0.3m), France and the UK (both 0.2m). However, growth in the US was only 4% in 2020, due to few new models being available.

Read more of this story at Slashdot.
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