\u00a0<\/strong>UHY\u2019s study shows that electric car sales growth in China continued to slow in the past year, with 968,000 battery electric cars sold in 2020, a 16% increase on 836,000 sold in 2019. The growth rates in the previous two years had been 23% and 54%. China\u2019s sales growth in 2020 placed it 20th<\/sup> in the table in UHY\u2019s study.<\/p>\n However, China remains by some distance the largest national market in the world for electric cars, with more sales than the next four largest markets combined. Sales of electric cars in China are heavily incentivised by programmes including Beijing\u2019s \u2018licence lottery\u2019, which limits the city\u2019s 22 million residents to only 40,000 new petrol cars per year to lower congestion and pollution.<\/p>\n US and Japan both saw electric car sales fall in 2020<\/u><\/strong><\/p>\n \u00a0<\/strong>UHY\u2019s study also shows that both the US (22nd<\/sup>place, electric car sales down 5% in 2020) and Japan (26th<\/sup> place, electric car sales down 31% in 2020) both saw electric car sales fall in the past year. Less than 2% of new cars sold in the US in 2020 were battery electric vehicles.<\/p>\n Dennis Petri adds: \u201cElectric cars in the US are still generally confined to the east and west coasts \u2013 that\u2019s thanks to the incentives offered by state governments in places like California, New York and New Jersey. Car buyers in the rest of the country would benefit from more states following suit.\u201d<\/p>\n Morito Saito, Director at UHY FAS Ltd, UHY\u2019s member firm in Japan, comments: \u201cJapanese car manufacturers still have a relatively limited offering when it comes to battery electric cars even though they were very early adopters of hybrid technology. While some manufacturers in Europe are already implementing plans to produce only electric vehicles, that has not yet happened in Japan.\u201d<\/p>\n * Battery electric passenger cars only, excludes hybrids<\/p>\n ** Excluding those registering less than 1,000 electric car sales in 2020<\/p>\n *** Statista \u2013 number of cars sold worldwide<\/p>\n","protected":false},"excerpt":{"rendered":" Germany powers ahead in electric cars sales growth – sales more than treble during pandemic Germany has seen the world\u2019s fastest growth in electric car sales of all major economies * during the pandemic, with sales more than trebling to 194,000 cars in 2020, up from just 63,000 in 2019, shows a study of electric…<\/p>\n","protected":false},"author":4,"featured_media":8944,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[46,47],"tags":[],"class_list":["post-10895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-news","category-featured-news"],"yoast_head":"\n![\"\"](\"https:\/\/www.uhy-fay.com\/wp-content\/uploads\/2022\/08\/Electric-car-Sales.png\")
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