In the annual report on the electric vehicle market, reported by ECO, the International Energy Agency (IEA) explained that in 2022 there was a fleet of 26 million units, five times more than in 2018, and more than half ( 13.8 million) were in China.

As has been the case for the last 10 years, China was by far the largest market in the world in 2022, accounting for 60% of registrations.

The authors of the study estimate that this year will end with around eight million electric cars in the Chinese market, representing a share of around 35%.

In Europe, electric vehicle registrations, also in a context of the sector's decline, increased by 15% last year (they had increased by 65% until 2021 and an annual average of 40% in the period 2017-2019) to 2.7 million. Europe was the world's second largest market with a quarter of the total.

The biggest European market in terms of volume last year was Germany (830,000 units), well ahead of the UK (370,000) and France (330,000). Spain registered just over 80,000 units.

The United States, the third largest market, grew faster in 2022 in relative terms than the European and Chinese: 55% last year, with 800,000 units, reaching a share of almost 8%, after 5% registered in 2021 and only 2% between 2018 and 2020.