Image Source: https://energymonitor.ai/
An electric vehicle (EV) revolution is under way in Germany, which is both Europe’s largest car manufacturer and largest car market.
Car manufacturers in the country produced 53,221 EVs in July 2021, or 21.7% of the total number of cars produced that month. That compares with 6.8% in March 2020 and 3.2% in January 2019.
While overall car production in July was down 26% versus the same month in 2020, EV production was up 9%, shows data from the German Association of the Automotive Industry (VDA).
Globally, total car sales contracted by 14% in 2020 compared with the previous year, but EV sales increased from just over two million units to just over three million, shows data from the International Energy Agency. The share of EVs in the global car market grew from 2.5% to 4.4%. In Europe, EVs tripled their market share over the course of 2020, according to analysis from NGO Transport and Environment.