Global electric vehicle fleet surpasses 2 million cars

The International Energy Agency (IEA) came out with its 2017 Global EV Outlook and it highlights the fact that the world’s EV fleet reached over 2 million cars last year.

It also breaks down the distribution of electric vehicles around the world by country and shows how China as solidified its position as an EV leader.

They are accounting for both all-electric (BEV) and plug-in hybrid vehicles (PHEV).

The 2 million car mark was helped by a surge in China, which now not only leads electric cars but also electric two-wheelers, low-speed electric vehicles, and electric buses:

“Until 2015, the United States accounted for the largest portion of the global electric car stock. In 2016, China became the country with the largest electric car stock, with about a third of the global total. With more than 200 million electric two-wheelers, 3 to 4 million low-speed electric vehicles (LSEVs) and more than 300 thousand electric buses, China is also by far the global leader in the electrification of other transport modes.”

Here are two interesting charts about the distribution of electric vehicles per country:

Norway is always impressive considering its small population and it’s still an EV leader. They are definitely leading when it comes to EV market shares:

“New registrations of electric cars hit a new record in 2016, with over 750 thousand sales worldwide. With a 29% market share, Norway has incontestably achieved the most successful deployment of electric cars in terms of market share, globally. It is followed by the Netherlands, with a 6.4% electric car market share, and Sweden with 3.4%.”

This evolution of EV fleet chart is extremely encouraging for the market:

The report is quite interesting and it cites yours truly on quite a few occasions so you know when you follow Electrek, you are going to have a good idea of the status of the electric vehicle revolution . Here it is in full:

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