The phase-out plan “completely killed the market,” said Laerke Flader, head of the Danish Electric Car Alliance. The global electric car stock surpassed 2 million vehicles in 2016 after crossing the 1 million threshold in 2015. It is followed by the Netherlands, with a 6.4% electric car market share, and Sweden with 3.4%. The People’s Republic of China, France and the United Kingdom all have electric car market shares close to 1.5%. In 2016, China was by far the largest electric car market, accounting for more than 40% of the electric cars sold in the world and more than double the amount sold in the United States.

Source: Forbes June 11, 2017 19:50 UTC