According to data, global electric vehicle sales are surging. The annual sales of passenger electric vehicles in 2022 reached US $ 388 billion, an increase of 53%year -on -year. As of now, the total value of electric vehicles sold in the field of passenger cars has exceeded $ 1 trillion.
In contrast, for the first time in the past 10 years of electric vehicles, the total global vehicle sales are about $ 25 trillion. In this case, the cumulative value of electric vehicle sales is relatively moderate. Nevertheless, the growth rate is still important, and nearly 60%of electric vehicle sales have occurred in the past 18 months. This year will break the record again, and the sales of passenger electric vehicles may easily exceed $ 500 billion.
