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Last year, 6.66 million electric vehicles were sold worldwide, more than double that of the previous year.
On the 5th, the Korea Automobile Manufacturers Association announced this in the report ‘Analysis of the supply status of electric-powered vehicles in major countries in 2021’.
Last year, the global automobile market showed a modest recovery of around 4% due to supply chain instability and production delays due to the spread of COVID-19.
In contrast, electric-powered vehicles showed a high growth rate of 110.7% compared to the previous year. Pure electric vehicles sold 4.73 million units, an increase of 119% compared to the previous year, plug-in hybrids sold 1.92 million units, a 92.6% increase, and hydrogen electric vehicles sold 1.55 million units, an 86.3% increase.
Accordingly, the share of electric vehicles in the automobile market expanded from 3.9% in 2020 to 7.9% last year.
By region, China accounted for 50% of the global EV market share with 3.33 million units, an increase of 166.6% from the previous year. Europe accounted for 35.1% of the market share with 2.34 million units, up 66.1% from the previous year. In Korea, 129,000 units were sold, up 103.8% from the previous year, maintaining the ninth place in market share.
By manufacturer, Tesla maintained the top spot with 1045,072 units sold. Volkswagen Group (709,030 units), China’s BYD (590,089 units), GM Group (515,584 units), and Hyundai-Kia Motors group (348783 units) followed.
“The expansion of the electric power vehicle market in 2021 is largely driven by government support policies such as subsidies, infrastructure construction, and tax support,” said Jeong Man-ki, chairman of the Automobile Industry Association. Incentive-oriented policies such as support and facilitation of restructuring of parts makers will be needed,” he said.
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