![]() This was partially offset by stronger activity in the second-half, resulting in a 16% drop overall year-on-year. ![]() The first part of 2020 saw new car registrations drop about one-third from the preceding year. Overall the global market for all types of cars was significantly affected by the economic repercussions of the Covid-19 pandemic. China, with 4.5 million electric cars, has the largest fleet, though in 2020 Europe had the largest annual increase to reach 3.2 million. Battery electric vehicles (BEVs) accounted for two-thirds of new electric car registrations and two-thirds of the stock in 2020. ![]() After a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share.
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