This estimated figure means that China had the most electric vehicles in use worldwide as of 2019. The total stock volume of BEVs and PHEVs in China was around 3.3 million in 2019, an increase of almost 46 percent on the previous year’s volume. The country is already at the forefront of the electric vehicle revolution. China’s estimated production level is also anticipated to exceed the combined output of other large markets, including the United States, Germany, and Japan.Ĭhina is forecast to be the world leader in terms of electric vehicle production over the next few years. China is projected to produce around 13 million battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) by 2023, more than any other nation worldwide.