WORLDWIDE sales of electric vehicles have increased by 63 per cent in the third quarter of 2017, compared with the same period last year.
Between July and September, 287,000 battery electric and plug-in hybrids were sold, which also represented a 23 per cent increase over the previous quarter, according to a report by Bloomberg New Energy Finance (BNEF).
This growth has largely been driven by strong demand in China, which accounted for more than half of global sales following government efforts to reduce pollution.
Aleksandra O’Donovan, advanced transport analyst at BNEF, told Bloomberg: “The Chinese government is very focused on pushing up EV sales.
“One reason for that is the local pollution levels in the cities, and a second is for China to build domestic heroes to compete internationally in this market.”
BNEF predicts that global sales of EVs will exceed one million units for the first time by the end of this year.
Factors such as more accessible charging infrastructure and greater EV travelling ranges are responsible for the growth in global demand.
Only this year, a number of manufacturers have announced their intentions to electrify their model line-ups.
Volvo has said that all of its models will be electrified by 2019, while BMW plans to release 25 electrified models by 2025.