EV Sales by Country 2024

With the price of gas rising quickly all over the world, it should come as no surprise that electric vehicles are becoming more popular. Even though Tesla, perhaps the best-known electric vehicle manufacturer in the world, is based in the United States, the greatest number of electric vehicle sales has actually taken place in China. China is aware that it is a major contributor to global pollution, and it has taken steps to try to reduce the pollution that puts out. Therefore, China is working hard to encourage people to purchase electric cars instead of going with gas vehicles. China is also the largest consumer of electric cars because it has more people than any other country on Earth. It was estimated that in 2021, China sold 6 million electric vehicles during that year alone.

Which Company Has Sold the Most Electric Vehicles?

Tesla has sold the most electric vehicles in the world. Tesla was the first company to manufacture electric vehicles on a global scale, and it remains the industry leader. Widely, Tesla is seen as a luxury producer of electric vehicles. Even though the electric vehicles it makes are exceptional, they are also very expensive. Tesla has been working hard to try to reduce the cost of its electric vehicles, mainly focusing on the cost of having the car delivered. At the same time, it still has a long way to go, and there are other companies that are entering the industry.

Does the United States Have a Lot of Electric Vehicles on the Market?

Electric vehicles are becoming more popular in the United States. A lot of people are shocked at how expensive gas has gotten, and many people are aware that they can save money at the pump by skipping it altogether. There are some states that are working on legislation to outlaw gas-powered vehicles after a certain date, but these are largely symbolic measures. In the United States, there are still some sections of the country that are highly resistant to purchasing an electric vehicle. There are even some people who doubt whether climate change is actually happening. This is a major sticking point for some people, and it could stop them from considering making the switch to electric vehicles.

Are Electric Vehicles Expensive?

On average, electric vehicles are still slightly more expensive than gas-powered cars. There are a number of reasons why this is the case. The batteries to make electric vehicles are still relatively expensive, there are not a lot of electric vehicles on the market when compared to gas-powered cars, and many electric vehicles are brand new, meaning that they include a lot of luxury features. For all of these reasons, electric vehicles remain relatively expensive, but as more companies start producing electric vehicles, there will be more options on the market. This type of competition could contribute to a reduction in the price of electric vehicles in the future.