1、Electric Vehicle Sales Review Q3 2022Foresight to drive the industryOctober 2022Strategy&This publication has been developed in collaboration between Strategy&,PwCs global strategy consulting business,alongside PwC Autofacts Automotive industry and function experts.Together,we transform organization
2、s by developing actionable strategies that deliver results.At PwC,our purpose is to build trust in society and solve important problems.Were a network of firms in 156 countries with over 295,000 people who are committed to delivering quality in assurance,advisory and tax services.Find out more and t
3、ell us what matters to you by visiting us at .PwC refers to the PwC network and/or one or more of its member firms,each of which is a separate legal entity.Please see for further 2Strategy&China tightens its grip on global BEV market0.Executive summary 3Almost three in four BEVs sold in all analyzed
4、 markets in Q3 2022 were sold in China73%Number of BEVs sold in China in Q3 2022 as a proportion of BEVs sold in all analyzed marketsGlobal BEV sales reached the two million mark for the first time in the thirdquarter of 2022,growing by 75%compared to the corresponding period lastyear.Much of that i
5、ncrease can be attributed to China,where the BEV marketcontinued to expand at breakneck speed.More than 1.5 million BEVs weresold there in Q3 2022,representing a 94%increase vs.Q3 2021.Constant rapid growth in such a huge market has inevitably cemented ChinasBEV standing on the global stage.In the y
6、ear 2020,just over one half of thetotal number of BEVs sold in all analyzed markets were sold in China.In Q32022,that figure had risen to 73%.Flushed with this success and furnishedwith all the BEV expertise they have developed at home,Chinese OEMs arenow seeking to consolidate their foothold in Eur