Mar 15, 2022
Electric vehicles (EVs) will play a crucial role in decarbonizing our transport systems and helping us avoid the worst effects of climate change. The latest figures suggest they are making major inroads into the automotive industry after sales of plug-in electric vehicles nearly doubled in 2021.
While battery-powered cars broke into the mainstream almost a decade ago, they’ve taken some time to catch the imagination of the average driver. Concerns over range and charging time, coupled with generally higher prices, have meant their adoption has been slower than some might hope.
But that seems to be changing rapidly. According to the Department of Energy, sales of new EVs in the US hit 608,000 last year, nearly double the total for 2020. Of that, more than 73 percent were all-electric vehicles, with the remainder coming from hybrid vehicles that combine batteries with conventional gas-powered engines. Those figures are particularly impressive considering that overall sales of passenger vehicles only increased by three percent over the same period.
The trend is mirrored globally, according to the International Energy Agency (IEA), with sales of electric cars more than doubling to 6.6 million to reach a market share of 9 percent—more than triple what it was just two years ago. This is despite major chip shortages caused by the Covid-19 pandemic, which caused production to slump by 7.7 million vehicles in 2021.
While the uptick in sales in the US is impressive, China is leading this surge in adoption. According to market research firm Canalys, mainland China saw 3.2 million sales of EVs in 2021, which is roughly half of worldwide sales and a jump of more than two million compared to 2020. EVs accounted for roughly 15 percent of all Chinese vehicle sales.
Read more: https://singularityhub.com/2022/03/15/e ... -going-up/

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