Across the three countries or regions studied, battery-electric vehicles received most of the government's spending on electric vehicles. In China, government spending on BEVs reached around 17 billion current U.S. dollars in 2022, with Europe recording a similar investment at 13 billion current U.S. dollars. In contrast, the United States recorded the lowest governmental spending, at approximately two billion current U.S. dollars across vehicle type.
Government spending on electric vehicles in 2022, by vehicle type and selected countries and regions
(in billion current U.S. dollars)
Data uses 2022 as the basis for current U.S. dollars.
The source specifies that: "Government spending is the sum of direct central government spending through purchase incentives and foregone revenue due to taxes waived specifically for new electric cars. Only central government purchase support policies for electric cars are taken into account. Spending on charging is not included. Consumer spending is the total expenditure based on model price, minus government incentives. Excludes incentives for company cars."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IEA. (April 21, 2023). Government spending on electric vehicles in 2022, by vehicle type and selected countries and regions (in billion current U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1387718/global-spending-on-electric-cars-by-spender/
IEA. "Government spending on electric vehicles in 2022, by vehicle type and selected countries and regions (in billion current U.S. dollars)." Chart. April 21, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1387718/global-spending-on-electric-cars-by-spender/
IEA. (2023). Government spending on electric vehicles in 2022, by vehicle type and selected countries and regions (in billion current U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1387718/global-spending-on-electric-cars-by-spender/
IEA. "Government Spending on Electric Vehicles in 2022, by Vehicle Type and Selected Countries and Regions (in Billion Current U.S. Dollars)." Statista, Statista Inc., 21 Apr 2023, https://www.statista.com/statistics/1387718/global-spending-on-electric-cars-by-spender/
IEA, Government spending on electric vehicles in 2022, by vehicle type and selected countries and regions (in billion current U.S. dollars) Statista, https://www.statista.com/statistics/1387718/global-spending-on-electric-cars-by-spender/ (last visited December 21, 2024)
Government spending on electric vehicles in 2022, by vehicle type and selected countries and regions (in billion current U.S. dollars) [Graph], IEA, April 21, 2023. [Online]. Available: https://www.statista.com/statistics/1387718/global-spending-on-electric-cars-by-spender/
