The transition from combustion engine cars to all-electric cars is a long story that began 15 years ago and is set to continue for at least another 15 years. It is not only a question of massive investments by manufacturers and governments around the world, but also of social and cultural challenges for drivers and users of mobility.
Despite the efforts and good progress made so far, reality shows the sector is still far from its complete electrification.The many announcements by car manufacturers about their goal to go"green" and to sell only zero-emission cars represent only one piece of the global conversion. They are in line with the ambitious plans of the governments of Europe, the United States, China, and many other countries to ban the sale of combustion engine cars in the coming years.
The market share is higher than that recorded a year earlier, but it is small compared to the next targets and shows a large gap between the automakers of China, Europe, the United States, Japan and Korea.Unsurprisingly, Chinese automakers are ahead when it comes to electrifying their car sales. The ten manufacturers included in my analysis sold 2.83 million EVs in 2022, accounting for 23 percent of their global sales.