The Market Share of Electric Vehicles

Based on the data for 2024, here is the market share of electric vehicles by country:

Europe

The pure electric vehicle (BEV) market share is about 15.7%.

Plug-in Hybrid Electric Vehicle (PHEV) market share is about 7.7%.

The total penetration rate of new energy vehicles (including BEVs and PHEVs) in Europe reached 23.4%.

Among them, Norway is the country with the highest penetration rate of new energy vehicles in Europe, exceeding 90%.

North America

United States: the penetration rate of pure electric vehicles is about 7.7%, and the penetration rate of plug-in hybrid vehicles is about 1.9%.

Canada: the penetration rate of pure electric vehicles is about 8.8%, and the penetration rate of plug-in hybrid vehicles is about 2.8%.

China.

Domestic electric vehicles have a market share of over 50% in countries such as Thailand, Brazil and Israel.

In markets such as Southeast Asia and South America, domestically produced EVs have a greater opportunity to even form a market-leading demonstration in some countries.

Other regions

Australia: the penetration rate of pure electric vehicles is about 7.1%, and the penetration rate of plug-in hybrid vehicles is about 0.9%.

New Zealand: the penetration rate of pure electric vehicles is about 19.6%, and the penetration rate of plug-in hybrid vehicles is about 8.2%.

Middle East: Israel and Turkey have more active new energy vehicle markets, with Israel's pure electric vehicle penetration rate as high as 17.9%.

These figures show the differences in EV penetration and market share in different countries and regions. Europe, led by Norway, has the highest EV penetration rate; the US and Canadian markets in North America are growing; China is excelling in some of its overseas markets; and other developing countries such as Thailand and Brazil also have a fairly high EV market share.