Global EV sales jump 66% in 2022, lifting market share to 9.5%

Economy

Global electric vehicle sales climbed 66.6 percent in 2022 from a year earlier to 7.26 million units, data from a research firm showed Saturday, reflecting a rapid shift in the industry to zero-emission vehicles to meet stricter emission regulations.

The number accounts for 9.5 percent of overall auto sales of 76.21 million vehicles last year, expanding from 5.5 percent in 2021, according to Tokyo-based MarkLines Co.

European and Chinese automakers are boosting EV sales, while Japanese carmakers strive to catch up with global rivals.

Honda Motor Co., for example, has teamed with Sony Group Cor...

Kyodo News

Kyodo News