Tesla leads in Global Electric vehicle sales in 2021

According to a New report published on Monday, there was a significant increase in sales of electric vehicles in the year 2021. In 2021, nearly 6.5 million electric vehicles were sold globally, 109 % more than in 2020. These vehicles include fully electric as well as plug-in hybrid passengers cars. Out of all the EV brands Tesla emerged as the leader in the EV segment as it captured a market share of 14%. Jason Low, the principal analyst at Canalys, said: "Over 3.2 million EVs were sold in Mainland China in 2021 - half of the all-electric cars sold worldwide, and 2 million more than were sold in the country in 2020. Many new models are launching every month in each important market segment, from tiny, inexpensive city cars to mainstream and premium sedans and SUVs”.Mainland China and Europe emerged as the biggest EV market in 2021 as 85 % of the cars were delivered in this region. Volkswagen Group was the leading manufacturer of EVs, however, Tesla’s Model 3 was the highest-selling car in the EV segment. Analyst Ashwin Amberkar said: "Demand for EVs continues to be strong in Europe. In fact, in many European countries, EVs represented more than a quarter of new cars sold. but customers must be patient. A nine to 12 month wait time for a new EV is not unusual”.