Electric Vehicle demands skyrocket with over 1.2 Crore global sales in 2022
Image Credit: latestly
The global passenger EV sales rose by 53% (year-on-year) in Q4 2022 to bring the year's total to over 10.2 million (more than 1.2 crore) units, a report showed on Monday. Tesla's Model Y remained the best-selling model globally followed by China-based BYD's Song model. During Q4 2022, battery EVs (BEV) accounted for almost 72% of all EV sales, while plug-in hybrid EVs (PHEVs) accounted for the rest, according to Counterpoint Research.