(Canalys) The global electric car sales jumped 160% to 2.6 million in the first half of the year compared to a similar period of last year.
Mainland China and Europe’s combined sales were 87% of the global sales, with 1.1 million sales and 1 million sales, respectively.
The uptake of electric vehicles continues to lag in the US, with only 250,000 sales in the first half of the year, an equivalent of 3% of the total sales worldwide.
Europe sold the highest number of electric cars, with 15% of all its new vehicles sold in the first half being electric. Norway is leading at 80% of all its new car sales.
President Biden’s administration is targeting 40-50% electric car adoption by 2030 with a proposed investment of $174 billion towards incentives and infrastructure as per the report.
Tesla Motor, Inc. leads with the most electric cars sold at 15%, followed closely by the German Volkswagen Group at 13%.
TSLA is up +1.63%, VOW3 is up +0.32%, BMW is up +1.07%
