This short article was published by S&P Global Mobility and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Top 10 markets by electrified vehicle sales volume and
electrified vehicle penetration.As we countdown to 2023, we are sharing (week-) daily
info pieces, utilizing data from
Global Auto Demand Tracker. Today, we wanted to highlight 2
various perspectives on the energized automobile area: By sales
volume, Mainland China is by far the leading market.
Mainland China is selling more amazed automobiles than the next
nine nations together.In contrast, Norway with a population of about 5.4 million –
similar to urbane Atlanta – is the leader in electrical
automobile penetration. About 80% of brand-new lorries registered in Norway
are amazed. Remarkably, China is taking 10th location in terms
of energized lorry penetration which demonstrates the massive
runway China has ahead of it.For more information or a free trial click
here.