{"id":37216,"date":"2024-08-06T05:10:00","date_gmt":"2024-08-06T10:10:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=37216"},"modified":"2024-08-05T16:12:07","modified_gmt":"2024-08-05T21:12:07","slug":"how-is-the-electric-vehicle-market-on-a-global-scale","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/how-is-the-electric-vehicle-market-on-a-global-scale\/","title":{"rendered":"How is the Electric Vehicle Market on a Global Scale?"},"content":{"rendered":"\n<p><strong>The Solar and Hydrogen Research Center (ZSW)<\/strong> released <strong><a href=\"https:\/\/www.zsw-bw.de\/en\/newsroom\/news\/news-detail\/news\/detail\/News\/weltweit-steigt-die-zahl-der-elektro-pkw-auf-knapp-42-millionen.html\">a report<\/a><\/strong> detailing that the global stock reached approximately 42 million electric vehicles by the end of 2023, which is 50% more than the previous year.<\/p>\n\n\n\n<p>This counter included not only 100% electric vehicles (BEVs), but also plug-in hybrids (PHEVs) and those with a range extender, often a small internally fueled machine.<\/p>\n\n\n\n<p><strong>China holds the undisputed lead with 23.4 million vehicles,<\/strong> representing more than 50% of the global stock. In 2023, the stock in China showed significantly stronger growth than in Germany, the United States and most major markets.<\/p>\n\n\n\n<p><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/geotabs-artificial-intelligence-co-pilot-breaks-innovation-patterns-in-latin-america\/\"><strong>Geotab\u2019s Artificial Intelligence Co-Pilot Breaks Innovation Patterns in Latin America<\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"566\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Reporte.jpg\" alt=\"\" class=\"wp-image-37310\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Reporte.jpg 800w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Reporte-300x212.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Reporte-768x543.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-rest-of-the-map\"><strong>The Rest of the Map<\/strong><\/h2>\n\n\n\n<p><strong>The United States is in second place with 4.8 million vehicles.<\/strong> Germany ranks third with 2.3 million, followed by France and the United Kingdom with 1.6 and 1.5 million, respectively.<\/p>\n\n\n\n<p>According to the report, <strong>in the specific case of Germany<\/strong>, it needs new impulses for electric mobility. To achieve the German targets for electric mobility, the market needs new impulses.<\/p>\n\n\n\n<p>Andreas Puettner, representative of ZSW, explained that the German government&#8217;s growth initiative for strengthening the promotion of BEVs may be just the first step.<\/p>\n\n\n\n<p>The leading manufacturers of BEVs and PHEVs in 2023 were the Chinese brand BYD with approximately 3 million new registrations, Tesla with 1.8 million and VW with 1 million.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1024x572.jpg\" alt=\"\" class=\"wp-image-37218\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1024x572.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-768x429.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Meanwhile, <strong>BMW managed to rank sixth with around 570,000 vehicles<\/strong>, and Mercedes in tenth place with around 400,000.<\/p>\n\n\n\n<p>The ranking among the first three positions should look similar in terms of the manufacturers&#8217; cumulative registrations. However, actual stock figures may differ because cars break down or are withdrawn for other reasons. <strong>The ZSW did not provide specific stock numbers by brand.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Solar and Hydrogen Research Center (ZSW) released a report detailing that the global stock reached approximately 42 million electric vehicles by the end of 2023, which is 50% more than the previous year. This counter included not only 100% electric vehicles (BEVs), but also plug-in hybrids (PHEVs) and those with a range extender, often&#8230;<\/p>\n","protected":false},"author":10,"featured_media":37222,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2054],"tags":[1564,1281,1489],"class_list":["post-37216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","tag-electric-cars","tag-electric-mobility","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v25.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How is the Electric Vehicle Market on a Global Scale? - Latam Mobility<\/title>\n<meta name=\"description\" content=\"The Solar and Hydrogen Research Center (ZSW) released a report detailing that the global stock reached approximately 42 million electric vehicles by the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latamobility.com\/?p=37214\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How is the Electric Vehicle Market on a Global Scale?\" \/>\n<meta property=\"og:description\" content=\"The Solar and Hydrogen Research Center (ZSW) released a report detailing that the global stock reached approximately 42 million electric vehicles by the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/latamobility.com\/?p=37214\" \/>\n<meta property=\"og:site_name\" content=\"Latam Mobility\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/latamobility\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-06T10:10:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"715\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Antonio Vilela\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:site\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Antonio Vilela\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/latamobility.com\/?p=37214#article\",\"isPartOf\":{\"@id\":\"https:\/\/latamobility.com\/?p=37214\"},\"author\":{\"name\":\"Antonio Vilela\",\"@id\":\"https:\/\/latamobility.com\/#\/schema\/person\/fda092a2de1f87d347784282908bad1a\"},\"headline\":\"How is the Electric Vehicle Market on a Global Scale?\",\"datePublished\":\"2024-08-06T10:10:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/latamobility.com\/?p=37214\"},\"wordCount\":284,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/latamobility.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/latamobility.com\/?p=37214#primaryimage\"},\"thumbnailUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg\",\"keywords\":[\"electric cars\",\"ELECTRIC MOBILITY\",\"Sustainability\"],\"articleSection\":[\"Electric Mobility\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/latamobility.com\/?p=37214#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/latamobility.com\/?p=37214\",\"url\":\"https:\/\/latamobility.com\/?p=37214\",\"name\":\"How is the Electric Vehicle Market on a Global Scale? - Latam Mobility\",\"isPartOf\":{\"@id\":\"https:\/\/latamobility.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/latamobility.com\/?p=37214#primaryimage\"},\"image\":{\"@id\":\"https:\/\/latamobility.com\/?p=37214#primaryimage\"},\"thumbnailUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg\",\"datePublished\":\"2024-08-06T10:10:00+00:00\",\"description\":\"The Solar and Hydrogen Research Center (ZSW) released a report detailing that the global stock reached approximately 42 million electric vehicles by the\",\"breadcrumb\":{\"@id\":\"https:\/\/latamobility.com\/?p=37214#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/latamobility.com\/?p=37214\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/latamobility.com\/?p=37214#primaryimage\",\"url\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg\",\"contentUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg\",\"width\":1280,\"height\":715,\"caption\":\"Veh\u00edculos el\u00e9ctricos\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/latamobility.com\/?p=37214#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/latamobility.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How is the Electric Vehicle Market on a Global Scale?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/latamobility.com\/#website\",\"url\":\"https:\/\/latamobility.com\/\",\"name\":\"Latam Mobility\",\"description\":\"Summit Series to promote Sustainable Mobility and Transport in Latin America\",\"publisher\":{\"@id\":\"https:\/\/latamobility.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/latamobility.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/latamobility.com\/#organization\",\"name\":\"LATAM MOBILITY\",\"url\":\"https:\/\/latamobility.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/latamobility.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/logos-LM-LG-2025-10.png\",\"contentUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/logos-LM-LG-2025-10.png\",\"width\":1080,\"height\":1080,\"caption\":\"LATAM MOBILITY\"},\"image\":{\"@id\":\"https:\/\/latamobility.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/latamobility\/\",\"https:\/\/x.com\/LataMobility\",\"https:\/\/www.instagram.com\/latamobility\/\",\"https:\/\/www.linkedin.com\/company\/latamobility\/\",\"https:\/\/www.youtube.com\/channel\/UCtcslRCRY0vITWaOQ1X0XUA\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/latamobility.com\/#\/schema\/person\/fda092a2de1f87d347784282908bad1a\",\"name\":\"Antonio Vilela\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/latamobility.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7eee8196fd2fda180806d7b41cd517f274d5ad3b9f65d873feb3ca7e2b3a72d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7eee8196fd2fda180806d7b41cd517f274d5ad3b9f65d873feb3ca7e2b3a72d2?s=96&d=mm&r=g\",\"caption\":\"Antonio Vilela\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How is the Electric Vehicle Market on a Global Scale? - Latam Mobility","description":"The Solar and Hydrogen Research Center (ZSW) released a report detailing that the global stock reached approximately 42 million electric vehicles by the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/latamobility.com\/?p=37214","og_locale":"en_US","og_type":"article","og_title":"How is the Electric Vehicle Market on a Global Scale?","og_description":"The Solar and Hydrogen Research Center (ZSW) released a report detailing that the global stock reached approximately 42 million electric vehicles by the","og_url":"https:\/\/latamobility.com\/?p=37214","og_site_name":"Latam Mobility","article_publisher":"https:\/\/www.facebook.com\/latamobility\/","article_published_time":"2024-08-06T10:10:00+00:00","og_image":[{"width":1280,"height":715,"url":"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg","type":"image\/jpeg"}],"author":"Antonio Vilela","twitter_card":"summary_large_image","twitter_creator":"@LataMobility","twitter_site":"@LataMobility","twitter_misc":{"Written by":"Antonio Vilela","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/latamobility.com\/?p=37214#article","isPartOf":{"@id":"https:\/\/latamobility.com\/?p=37214"},"author":{"name":"Antonio Vilela","@id":"https:\/\/latamobility.com\/#\/schema\/person\/fda092a2de1f87d347784282908bad1a"},"headline":"How is the Electric Vehicle Market on a Global Scale?","datePublished":"2024-08-06T10:10:00+00:00","mainEntityOfPage":{"@id":"https:\/\/latamobility.com\/?p=37214"},"wordCount":284,"commentCount":0,"publisher":{"@id":"https:\/\/latamobility.com\/#organization"},"image":{"@id":"https:\/\/latamobility.com\/?p=37214#primaryimage"},"thumbnailUrl":"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg","keywords":["electric cars","ELECTRIC MOBILITY","Sustainability"],"articleSection":["Electric Mobility"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/latamobility.com\/?p=37214#respond"]}]},{"@type":"WebPage","@id":"https:\/\/latamobility.com\/?p=37214","url":"https:\/\/latamobility.com\/?p=37214","name":"How is the Electric Vehicle Market on a Global Scale? - Latam Mobility","isPartOf":{"@id":"https:\/\/latamobility.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/latamobility.com\/?p=37214#primaryimage"},"image":{"@id":"https:\/\/latamobility.com\/?p=37214#primaryimage"},"thumbnailUrl":"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg","datePublished":"2024-08-06T10:10:00+00:00","description":"The Solar and Hydrogen Research Center (ZSW) released a report detailing that the global stock reached approximately 42 million electric vehicles by the","breadcrumb":{"@id":"https:\/\/latamobility.com\/?p=37214#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/latamobility.com\/?p=37214"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/latamobility.com\/?p=37214#primaryimage","url":"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg","contentUrl":"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/08\/Vehiculos-electricos-1.jpg","width":1280,"height":715,"caption":"Veh\u00edculos el\u00e9ctricos"},{"@type":"BreadcrumbList","@id":"https:\/\/latamobility.com\/?p=37214#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/latamobility.com\/"},{"@type":"ListItem","position":2,"name":"How is the Electric Vehicle Market on a Global Scale?"}]},{"@type":"WebSite","@id":"https:\/\/latamobility.com\/#website","url":"https:\/\/latamobility.com\/","name":"Latam Mobility","description":"Summit Series to promote Sustainable Mobility and Transport in Latin America","publisher":{"@id":"https:\/\/latamobility.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/latamobility.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/latamobility.com\/#organization","name":"LATAM MOBILITY","url":"https:\/\/latamobility.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/latamobility.com\/#\/schema\/logo\/image\/","url":"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/logos-LM-LG-2025-10.png","contentUrl":"https:\/\/latamobility.com\/wp-content\/uploads\/2025\/01\/logos-LM-LG-2025-10.png","width":1080,"height":1080,"caption":"LATAM MOBILITY"},"image":{"@id":"https:\/\/latamobility.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/latamobility\/","https:\/\/x.com\/LataMobility","https:\/\/www.instagram.com\/latamobility\/","https:\/\/www.linkedin.com\/company\/latamobility\/","https:\/\/www.youtube.com\/channel\/UCtcslRCRY0vITWaOQ1X0XUA"]},{"@type":"Person","@id":"https:\/\/latamobility.com\/#\/schema\/person\/fda092a2de1f87d347784282908bad1a","name":"Antonio Vilela","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/latamobility.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7eee8196fd2fda180806d7b41cd517f274d5ad3b9f65d873feb3ca7e2b3a72d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7eee8196fd2fda180806d7b41cd517f274d5ad3b9f65d873feb3ca7e2b3a72d2?s=96&d=mm&r=g","caption":"Antonio Vilela"}}]}},"_links":{"self":[{"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/posts\/37216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/comments?post=37216"}],"version-history":[{"count":5,"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/posts\/37216\/revisions"}],"predecessor-version":[{"id":37315,"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/posts\/37216\/revisions\/37315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/media\/37222"}],"wp:attachment":[{"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/media?parent=37216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/categories?post=37216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/latamobility.com\/en\/wp-json\/wp\/v2\/tags?post=37216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}