2nd ICAI 2022

International Conference on Automotive Industry 2022

Mladá Boleslav, Czech Republic

automobiles in the world. In China, the rapid growth of electromobility means there will be more than 20.3 million EVs in operation in 2025, which would be 6.2 percent of the overall number of automobiles in service. That share is expected to more than double in the following five years to 13.2 percent (52 million EVs!). By the year 2030, 42 percent of the expected total of 124.3 million EVs in the world will be in service in China.

Figure 2: Electric Vehicle Stock Worldwide (in Thousands of Units) and China’s Share of Worldwide Stock

Source: IEA; EVs refers to all electric vehicles (BEVs + PHEVs)

Table 3: Electric Vehicle Stock Forecast (in Thousands of Units)

2020 4,509 10,197

2025*

2030*

China World

20,366 45,963

52,054 124,332

44.2% 44.3% 41.9%

China: Share of World EV Stock

China: Share of EVs in Domestic Stock of Cars World: Share of EVs in World Stock of Cars

1.7% 6.2% 13.2%

0.9% 3.2%

7.5%

Source: IEA; EVs refers to all electric vehicles (BEVs + PHEVs); STEPS scenario; * forecast 3.4 Electric Vehicle Production in China The production of electric vehicles in China has grown about seven times since 2016. In 2016, 516,000 EVs were produced in China. In 2021 that number exceeded 3.5 million. Production of fully electric (battery electric) vehicles (BEVs) was 2,942,000 in 2021, which represented a year-on-year increase of 170 percent. Also in that year, China produced 601,000 plug-in hybrid vehicles (PHVs) (a year-on-year increase of 130 percent) and 2,000 fuel cell vehicles (FCVs).

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