Global electric vehicle sales reached 10 percent of all new cars sold in 2022.

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Global electric vehicle sales reached 10 percent of all new cars sold in 2022, an increase from 8.3 percent in 2021.

EVs continue to become more popular year over year, and consumers are making the switch from gas-powered vehicles to battery-powered ones across the world. Some markets have proven to be hot spots for electrification, while others are slowly coming around to the idea. With manufacturers planning to offer many new EV models this year, 2023 could have even more growth.

New data provided by LMC Automotive and EV-Volumes.com (via Wall Street Journal) shows global EV sales made up 10 percent of every new car sold globally last year, with most of the sales occurring in Europe and China. In these two markets, manufacturers focus heavily on EV sales and are rushing to push competitive models out while optimizing and improving past vehicles.

Last year, 7.8 million electric vehicles were sold. Continuing the adoption of EVs has provided not only new, sustainable powertrains to consumers but also new revenue streams for automakers through subscription-based programs and charging infrastructure.

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Everything EVs Are Better At Than Regular Combustion Engines

https://apple.news/A-PtJdXooRTmHRupTlyxrbg

The debate over electric vehicles (EV) versus internal combustion engine (ICE) vehicles is a hot topic at the moment and shall continue to be contested for the foreseeable future. The internal combustion engine has roots in the Victorian period when the industrial revolution had engineers and scientists working at a fever pitch to mobilize society. Likewise, the electric vehicle, which many may believe is a modern concept, also has roots in the industrial revolution as the widespread development of electricity and battery technology was equally integral to industrialization. In the early days of the 20th century, electric cars were a common sight on the streets of many cities, although gasoline engines would eclipse them as they became more reliable and user-friendly.

Today, the EV has made huge inroads into the transportation industry as a whole and legislation from across the globe is having dramatic effects on the cars being produced by nearly every manufacturer. EVs are being pushed as one alternative to curb the pollution produced by burning fossil fuels. EV adoption is also seeing strong pushback from some parts of society. Therefore, without passing judgment definitively as to which technology is better, these arguments explain what the EV does better than typical combustion engines.
 
Optimizing energy efficiently
In the process of turning any source of energy into kinetic energy (the energy of motion), there will be some losses. As the chemical energy is transformed into motion through internal combustion, most of the energy lost is heat and friction, to a lesser extent. According to Inside EVs, most modern engines achieve about 40% efficiency ratings, which means more than half of the energy stored in the fuel is lost to friction and dissipated heat. Nissan announced in 2021 that it has an engine in development that will achieve 50% efficiency but that it is only meant to be a generator in a hybrid system (via CNET). Furthermore, additional energy is lost throughout the drivetrain, and parasitic losses from other systems in the car further reduce the overall efficiency at the wheels.
Internal combustion engine efficiency has increased dramatically over the last century. However, technological breakthroughs in battery technology have allowed EVs to become viable for regular use, and they present a significant advantage in energy usage. Yale Climate Connections recently published an article noting the efficiency difference between the EV and ICE. With an EV equipped with regenerative braking, the total energy lost while driving is about 11%. Losses from the input to the motor initially amount to about 35%, but the regen braking recaptures about 22% of that. While this discussion gets in the weeds very quickly, the takeaway is that electric power is a significantly more efficient use of energy.
 
EV SALES JUST HIT A MAJOR MILESTONE — SHOWING A SURGE IN POPULARITY AS ELECTRIC CARS KEEP GETTING CHEAPER
EVs now make up 10% of all new car sales.

Electric vehicles (EVs) are quickly becoming cheaper around the world as the future of transportation clearly appears to be electric.
While most car sales are still gas-powered models, EVs have reached an important milestone. In 2022, one in 10 new car sales around the world were EVs.
This 10% figure may not initially seem impressive, but considering how fast sales are increasing — EVs have tripled in market share since 2020 — the number is notable in many ways.
Across the world, over 7.8 million fully electric cars were purchased in 2022, about 68% more than were sold in 2021. And by the end of the decade, the percentage of new electric cars sold could be up to 40%, meaning it could take just seven years for the current figure to quadruple.*
Even Darren Woods, the CEO of dirty energy giant Exxon Mobil told CNBC that by 2040, all new cars will be EVs.
This past year’s growth came largely from China and Europe. In China, almost one in five new car sales were EVs, another figure that’s predicted to skyrocket.
The U.S. is adopting EVs at a slower pace than Europe and China, only selling about 800,000 in 2022 (just 5.8% of all sales).*
But with companies like Ford and Tesla slashing their EV prices, alongside new $7,500 tax credits to buy EVs, these cars should be increasingly affordable to many more Americans in the coming years.*
These reasons are likely why EVs are projected to make up 14% of new car sales this year.
The world is rapidly electrifying its vehicle fleet, which is excellent news as these vehicles can greatly help our overheating planet. Ensuring the electricity that powers these EVs is clean and cheap will be critical to keeping our wallets full and our planet cool.
 
How Long Does an Electric Car Battery Last?
Much longer than you think. EV batteries are engineered to outlast the vehicle itself.
According to a life-cycle analysis by the National Renewable Energy Laboratory, depending on climate and discharging/charging cycles, EV batteries should perform reliably for 10 to 15 years.
Another study by the U.S. Department of Energy Alternative Fuels Data Center found new electric vehicle lithium-ion batteries may last between 12 and 15 years in moderate climates and eight to 12 years in extreme climates. Plus, federal regulations mandate batteries in all EVs sold in the United States come with warranties for at least eight years or 100,000 miles.
If you buy a new EV and the battery does fail, it will almost certainly be covered under the original equipment manufacturer’s (OEMs) warranty. Because EV manufacturers do not want to replace expensive EV batteries by overestimating their durability, EV battery warranties can offer some insight into the battery’s life expectancy.
 
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