Connect with us

Hi, what are you looking for?

General

Trade of electric and hybrid cars continues to rise in 2022

Between 2017 and 2022, the trade of electric and hybrid cars in the EU registered a staggering increase. In 2022, 42% of the total number of cars imported were electric or hybrid, indicating an increase of 35 percentage points (pp) compared with 2017. The change in exports was also clear with a 24 pp increase in 2022 (26% of the total number of cars exported) from 2017 (2% of the total).

Non-plug-in hybrid cars went from 6% of total car imports and 0.4% of car exports in 2017 to 21% and 13%, respectively, in 2022. Full electric cars represented 15% (+14 pp compared with 2017) of car imports and 9% of exports (+8 pp) in 2022, plug-in hybrid cars represented 7% (+6 pp) of car imports and 4% of exports (+3 pp). 

In terms of value, in 2022, the EU spent a total of €37.0 billion on imports from extra-EU countries on hybrid and electric cars, an increase of 27%, compared with 2021 (€29.1 billion). Imports of non-plug-in hybrid cars were worth €16.0 billion, followed by full electric cars (12.6 billion) and plug-in hybrid cars (€8.4 billion). 

Exports of the same products to extra-EU countries amounted to €59.1 billion in total value, +41% compared with 2021 (€42.0 billion). Non-plug-in hybrid cars exports totalled €28.5 billion, while exports of full electric cars reached €22.4 billion and plug-in hybrid cars €8.1 billion. 

Bar chart: EU imports and exports of hybrid and electric cars, 2017 and 2022, share in the total number of car imported and exported by the EU

Source dataset: DS-059322 

Main partner for non-plug-in hybrid cars

Non-plug-in hybrid cars was the largest category traded among the hybrid and electric cars. The top 3 extra-EU countries from which the EU imported non-plug-in hybrid cars were the United Kingdom with €3.4 billion (corresponding to 21% of the total imports for non-plug-in hybrid cars), followed by Japan (€2.8 billion) with a percentage share of 18% and Türkiye (€2.5 billion) with a 15% share.

The top three main extra-EU countries for exports were the United States (€8.7 billion) with a percentage share of 30%, followed by the United Kingdom (€4.5 billion) with 16%, and Norway (€4.3 billion) with 15%. 

Infographic: Extra-EU trade in non-plug-in hybrid cars, % of value, 2022

Source dataset: DS-059322

More information

Methodological notes

 
If you have any queries, please visit the contact page. 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Featured

King Charles III is to be the first British monarch to address the French Senate when he makes a state visit to France and...

Featured

Ukraine President Volodymyr Zelensky has personally thanked Britain for its “big support” in its war against an invading Russian army. Mr Zelensky flew into...

Europe

On 1 May this year Belgian journalist Roland Delacore wrote a personal opinion piece about the Church of Almighty God, which was published in...

Featured

Beleaguered PM Rishi Sunak will take “whatever steps necessary to restore integrity back into politics”. His determination was aired after the sacking of Conservative...