In 2022, consumer spending on electric vehicles amounted to approximately *** billion U.S. dollars. Meanwhile, government investment in this type of alternative cars during the same year was around ** billion U.S. dollars. It is worth noting that in both cases there has been a continuous increase in spending, reflecting the growing popularity these cars have gained thanks to brands like Tesla and the increasing environmental awareness.
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IEA. (April 26, 2023). Total spending by consumers and governments on electric vehicles worldwide between 2017 and 2022 (in billions of U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/1637418/spending-on-electric-vehicles-by-consumers-and-governments-worldwide/
IEA. "Total spending by consumers and governments on electric vehicles worldwide between 2017 and 2022 (in billions of U.S. dollars)." Chart. April 26, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/1637418/spending-on-electric-vehicles-by-consumers-and-governments-worldwide/
IEA. (2023). Total spending by consumers and governments on electric vehicles worldwide between 2017 and 2022 (in billions of U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/1637418/spending-on-electric-vehicles-by-consumers-and-governments-worldwide/
IEA. "Total Spending by Consumers and Governments on Electric Vehicles Worldwide between 2017 and 2022 (in Billions of U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 26 Apr 2023, /statistics/1637418/spending-on-electric-vehicles-by-consumers-and-governments-worldwide/
IEA, Total spending by consumers and governments on electric vehicles worldwide between 2017 and 2022 (in billions of U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1637418/spending-on-electric-vehicles-by-consumers-and-governments-worldwide/ (last visited July 31, 2026)
Total spending by consumers and governments on electric vehicles worldwide between 2017 and 2022 (in billions of U.S. dollars) [Graph], IEA, April 26, 2023. [Online]. Available: /statistics/1637418/spending-on-electric-vehicles-by-consumers-and-governments-worldwide/