WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 203
Market Data
Physical Energy Flows
ENERGY IN
THE REGIONS
HOME
EV Transport
FIGURE 10
Number of New Electric Cars and Buses on road
• Almost 14 million new electric cars were
registered globally in 2023, 95% of which were
in China, Europe and the United States
Number of New Electric Cars on the road per geo (2023 compared to 2022
35.3%
• In China, the number of new electric car
registrations reached 8.1 Mn, while the new
electric car registrations totalled 1.4 Mn and 3.2
Mn in the United States and Europe, respectively.
37.3%
22.0%
• Battery electric cars accounted for 70% of the
electric car stock in 2023
41.6%
Europe
North
America
Unites
Kingdom
France
Germany
Norway
Netherlands
2022
10200000
5900000
2700000
1113400
370000
340000
830000
156000
137000
2023
13800000
8100000
3300000
1576200
450000
470000
700000
110000
210000
• This relatively low share is primarily due to the
limited sales shares in most emerging market
and developing economies (EMDEs), as well as
the low market penetration of electric buses in
some larger markets such as the United States
and Korea
Number of New Electric Buses on the road per geo (2023 compared to 2022
16.0%
32.1%
67.0%
Global
China
Europe
North
America
Unites
Kingdom
France
Germany
Norway
Netherlands
2022
60900
46400
5193
2730
505
800
666
310
113
2023
51200
31500
8670
1540
1343
762
888
540
189
Source: IEA
• Globally, almost 50000 electric buses were
sold in 2023, equating to 3% of total bus sales
and bringing the global stock to approximately
635000 in total
WEMO 2024
China
203
Global
