By mid-2022, there will be 20 million plug-in vehicles on the road across the world, proof that the shift from fossil fuel combustion engines to electric ones is experiencing a boom like never before.
In the second half of 2022, close to a million electric vehicles (EVs) will be sold every month – that amounts to one every 3 seconds – and the overall total by the end of the year is 26 million plug-in vehicles on the road.
Only a million EVs were on the road in 2016. Most of the EVs part of the global fleet were sold over the last 18 months, and the growth is not slowing. In fact, the oil and gas company BP expected a fleet of 71 million plug-in vehicles by 2035, but according to new sales data, this feat could be reached a whole decade earlier. China currently has the largest fleet with 46% of the total sales, Europe is second with 34% and North America third with 15%.