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42 million electric cars worldwide
Worldwide, the number of cars with electric drive continues to increase rapidly. At the end of 2023, the stock stood at around 42 million, as determined by the Center for Solar Energy and Hydrogen Research (ZSW). This was a good 50 percent more than the previous year. Included in the count were not only purely electric vehicles but also plug-in hybrids and electric vehicles with a so-called range extender, for which a small internal combustion engine is often used.
Home of the Electric Drive is China
The home of the electric drive is clearly China: According to ZSW, there were 23.4 million of these cars there as of the reporting date - that is more than half of the global stock. The number two is the USA, but with 4.8 million vehicles, they are already far behind. Germany reaches third place with 2.3 million, ahead of France and the United Kingdom with 1.6 and 1.5 million respectively.
China's dominance is unlikely to change in the short term. In 2023, the stock there showed a significantly stronger growth of 60 percent compared to Germany, the USA, and most other relevant markets.
New Impulses Required in Germany
To achieve Germany's goals in electromobility, the market needs new impulses, said Andreas Püttner from ZSW.
"The growth initiative of the federal government to promote electric company cars more intensely can only be a first step."
In view of tight budgets, he proposes eliminating climate-damaging subsidies for conventional vehicles - such as the tax advantage for diesel or the company car privilege for combustion engines.
The largest manufacturers of pure electric vehicles and plug-in hybrids in 2023 were the Chinese brand BYD with just over 3 million new registrations, Tesla with 1.8 million, and VW with one million. BMW secured the sixth place with just under 570,000 vehicles, and Mercedes ranked 10th with just over 400,000. Regarding the existing fleet, the ranking should be similar at least in the top three positions: This is true for the accumulated new registrations of the manufacturers. However, the actual fleet size may differ since cars can be damaged or decommissioned for other reasons. ZSW did not provide specific fleet figures by brand.
The Tesla Model Y is the world's most common electric car
According to these cumulative new registration numbers, the two most common electric cars come from Tesla: the Model Y with nearly 2.5 million and the Model 3 with just over 2.3 million vehicles. However, the manufacturer also benefits from the fact that, given its rather narrow product range, purchases are concentrated on a few models. German manufacturers perform significantly worse in this ranking: Only the VW ID.4 makes it into the top 10, ranking seventh worldwide with just over 510,000 cumulative new registrations.
"To achieve Germany's climate protection goals, an attractive offering in the lower and middle vehicle segments is urgently needed to reach a larger buyer segment," says Püttner.
If German or European manufacturers do not fill this gap, there is a risk,
Translated automatically from German."that other manufacturers, particularly from China, will seize this opportunity, even if the introduction of punitive tariffs at the European level is currently trying to prevent this."
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