In 2023, electric vehicles (EVs) continued to transform the global automotive landscape, capturing an impressive 18% of total new car sales worldwide.

Leading the charge, China achieved a remarkable 38% EV sales share, dominating the market with robust demand and innovative domestic brands.

Europe followed with 21%, driven by strict emissions regulations and widespread adoption in countries like Norway, Germany, and the Netherlands.

In the United States, EVs accounted for 10% of new car sales, reflecting steady growth as traditional automakers expanded their electric offerings alongside Tesla’s leadership.