EV sales over the past 10 years have grown at an exponential rate globally, with China's EV sales increasing by 238% over 2014.
About 55,000 electric vehicles (EVs) were sold worldwide in 2011. In 2021, that number had increased to about 7 million vehicles after ten years.
Over the past ten years, the worldwide EV industry has grown at an exponential rate as more and more countries power up. The infographic below, which uses data from the International Energy Agency (IEA), highlights the countries that have grown into the biggest EV markets and depicts the boom in global EV sales since 2011.
The Early EV Days
Global EV sales increased between 2011 and 2015 at an average annual rate of 89 percent, with the U.S. accounting for around one-third of all sales.
The largest EV market in 2014 was the United States, which was followed by China, the Netherlands, Norway, and France. However, things changed in 2015 as China's EV sales increased by 238% over 2014, catapu...
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