Electric Vehicle Sales Review Q3 2023

BEV sales in all twenty analyzed markets increased by 26% in the third quarter of 2023 in comparison with the same period last year. But if it were not for waning growth in the Chinese market, that figure would be considerably higher.

BEV sales growth was higher than total powertrain sales growth in the period in question in all analyzed markets, with only one exception - South Korea. Some of the recorded gaps between BEV sales growth and overall powertrain sales growth were very substantial – for example, 62% vs. 17% in the USA, and 59% vs. 18% in Germany. PwC Autofacts recent study of market trends suggests that this strong BEV sales performance will continue, with projected growth of 35% in all analyzed markets in 2024.

Register now to find out more about the electric vehicle sales developments in the different markets and territories.

One more step to download

Largest European markets to lead the battery-electric vehicle charge in 2024

Published by:
Language:
English

Required fields are marked with an asterisk (*)

Producing high-quality publications such as „Electric Vehicle Sales Review Q3 2023“ incurs costs at PwC and Strategy&. But instead of charging readers for this service, we have decided to make this publication available free of charge in return for your consent to marketing. Consenting to marketing will give you access to all the benefits offered by Strategy& and PwC’s Information Service, and you’ll get information tailored to your needs on a regular basis.

Upon submission of your consent and verification of your e-mail address, your consideration for receiving „Electric Vehicle Sales Review Q3 2023“ is fulfilled and you have the right to unsubscribe at any time, e.g. by e-mail to de_datenschutz@pwc.com, thereby withdrawing your consent with effect for the future. You can find further information in this privacy policy.

Yes, I would like to receive the latest updates on consultancy advice and service information, news from my industry, notifications about upcoming events, information on PwC research and other marketing information from the PwC Network companies in the German-speaking region by e-mail.

My consent relates to the PwC Network companies in the German-speaking region listed here with their business purposes (hereinafter jointly referred to as „PwC DE“)

PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft | Auditing, tax consulting, economic and financial consulting, strategy consulting

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft | Legal advice

Fachverlag Moderne Wirtschaft GmbH | Economic and financial advice through print and online publications

INTES Akademie für Familienunternehmen GmbH | Economic and financial advice for family businesses

PwC Strategy& (Germany) GmbH | Economic and strategic consulting

PwC Strategy& (Austria) GmbH | Economic and strategic consulting

PwC Cyber Security Services GmbH | Business and strategy consulting in the field of IT security (IT security services)

PwC Certification Services GmbH | Testing and certification with specialization in IT security, data protection and compliance

PwC Solutions GmbH | Distribution of IT solutions for management, economic and financial consulting

To individualise communication with me, I consent to PwC DE analysing my interests that I expressly communicate (e.g. via a web preference center on a PwC DE website) and my usage behaviour (e.g. retrieved content, access, clicks and reading time) with regard to newsletters and similar communications as well as via linked PwC DE websites, by using cookies, web-beacons and similar technologies, and may store this information in a personal profile. I further agree that PwC DE may also add my personal contact details (e.g. name, title, company and role/position) that I have entered on a PwC DE website and/or that are already stored in the customer relationship management systems operated by PwC DE to this profile. I finally agree that PwC DE may also add public company information about my employer to this profile.

*Submit consent and receive access to „Electric Vehicle Sales Review Q3 2023“ in return.