Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (October 2022)

Electric vehicle sales in October increased 51.5% y/y to 904k units


Share of electric vehicles (BEV/PHV/FCV)

  This report presents new car sales volumes (MarkLines aggregate data, excluding commercial vehicles; estimates are included) and analyzes sales trends of electric vehicles (BEV: battery electric vehicles / PHV: plug-in hybrid vehicles / FCV: fuel cell vehicles) in the global market in 14 countries, including 11 major countries, which account for approximately 80% of global car sales, and three Nordic countries (*Note).

Click here to see Automotive Sales data

Click here to see September report

  11 major countries: China, U.S.A., Japan, India, Germany, France, Brazil, U.K., South Korea, Canada, Italy

  3 Nordic countries: Norway, Sweden, Finland

  These 14 countries account for about 90% of global electric vehicle sales.

  (*Note) Reasons for high electrification rates in Nordic countries

  1. The population’s environmental awareness has always been high.
  2. A high percentage of electricity is generated from renewable energy sources such as hydroelectric power and wind power (awareness of the need to use abundant renewable energy for electric vehicles).
  3. Generous policies such as subsidies, tax incentives, and charging infrastructure development.
  4. A wide range of electric vehicle models is available.


*Note: Vehicle data rounded off to the nearest thousand units


  Sales of electric vehicles in the 11 major countries and the 3 Nordic countries of Norway, Sweden, and Finland (14 countries in total) totaled 904,000 units in October. Year-over year (y/y), sales increased 51.5% in October, but compared to the previous month, sales results show a 5.0% decline.

  The share of electric vehicles considering all powertrains was 17.7%, up 12.3 points from October 2020. However, compared to the previous month, the share of electric vehicles decreased slightly, by 0.1 points. The share of HVs (hybrid vehicles, excluding mild hybrids) remained unchanged at 5.2%.


*By clicking the icon below the graph (
Electric Vehicle share, etc.), only the relevant data will be shown.
Copyright (C) MarkLines Co., Ltd. All rights reserved.


This report is for paid members only. Remaining 3 chapters remaining.
Free membership registration allows you to read the rest of the article for a limited time.