Between January and December 2024, Norway had the highest share of battery-electric cars in Europe, with nearly percent. The country with the largest proportion of diesel-propelled vehicles was Ireland, with around percent of sales in the country that year being diesel vehicles.
The Push for Electrification
Over the years, the push for green and sustainable solutions for our various technological needs has been growing. As of 2024, battery-electric vehicles have comprised percent of the share of vehicle sales in Europe. A further percent for hybrid electric vehicles still shows more motivation for moving toward more electric alternatives to diesel and petrol-powered vehicles. The fact that the transportation sector is responsible for a significant portion of the carbon dioxide emissions worldwide ( percent in 2023), has motivated companies and governments to push toward developing and selling more electric vehicles. The result has been increased electric vehicle sales throughout the last ten years, with sales going from about units in 2015 up to million in 2023.
The EV Giants
The competition among electric vehicle manufacturers in 2023 was at an all-time high. BYD was the company that sold the most plug-in electric vehicles in 2023, selling about million vehicles, beating out the likes of Tesla and BMW, which respectively sold million and . Despite BYD selling more than Tesla, Tesla’s Model Y still proved its demand in the EV market, selling million units, more units than any other plug-in electric vehicle model. That said, BYD owned six out of the ten best-selling plug-in electric vehicle models.