Connect with us

Misc

Have Combustion Vehicle Sales Already Peaked?

Published

on

combustion vehicle sales

Can I share this graphic?
Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist.
When do I need a license?
Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options.
Interested in this piece?
Click here to license this visualization.

Have Combustion Vehicle Sales Already Peaked?

Electric vehicle (EV) sales have grown rapidly over the past few years, but have they managed to make a dent in the global market?

To find out, we’ve visualized data from BloombergNEF that breaks down annual vehicle sales by three categories:

  • Internal combustion (including traditional hybrids)
  • Plug-in hybrids
  • Battery electric

From this, we can see that EVs are definitely building up market share. In fact, combustion vehicle sales appear to have peaked in 2017.

Growth in EV Market Share

The following table lists global EV sales, as well as their relative market share.

YearEV SalesEV Market Share (%)
2013206,0000.2
2014320,0000.4
2015543,0000.6
2016791,0000.9
20171,262,0001.3
20182,082,0002.2
20192,276,0002.5
20203,244,0004.2
20216,768,0008.3
202210,522,00013.0

*Includes plug-in hybrids. Source: EV Volumes

We can see that EV sales really picked up steam around 2019. This is likely due to various government subsidies and a growing list of models to choose from.

EV ranges, once a major limiting factor, are also becoming less of a concern as battery technology improves and more charging stations become available.

Will Combustion Vehicle Sales Stage a Comeback?

It seems unlikely that combustion vehicles will be able to reclaim much of their lost market share.

China, the world’s largest car market, is leading the world in terms of EV adoption. As of 2022, one in four new cars sold in the country is electric. The U.S. and EU are transitioning slower, but should catch up thanks to government subsidies and a planned phase-out of fossil fuel vehicles.

In the EU, the sale of new internal combustion vehicles will be banned by 2035. However, an exemption was recently made on behalf of Germany to allow the sale of cars that run on synthetic fuels.

In the U.S., the 13 states that adhere to California’s Zero Emissions Vehicle (ZEV) Program are aiming for 100% of cars sold in 2035 to be ZEVs. These states include California, Colorado, Connecticut, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Rhode Island, Vermont, and Washington.

Click for Comments

Misc

How Hard Is It to Get Into an Ivy League School?

We detail the admission rates and average annual cost for Ivy League schools, as well as the median SAT scores required to be accepted.

Published

on

Graphic showing the admission rates and average annual tuition for Ivy League schools, as well as the median SAT scores required to be accepted.

How Hard Is It to Get Into an Ivy League School?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Ivy League institutions are renowned worldwide for their academic excellence and long-standing traditions. But how hard is it to get into one of the top universities in the U.S.?

In this graphic, we detail the admission rates and average annual cost for Ivy League schools, as well as the median SAT scores required to be accepted. The data comes from the National Center for Education Statistics and was compiled by 24/7 Wall St.

Note that “average annual cost” represents the net price a student pays after subtracting the average value of grants and/or scholarships received.

Harvard is the Most Selective

The SAT is a standardized test commonly used for college admissions in the United States. It’s taken by high school juniors and seniors to assess their readiness for college-level academic work.

When comparing SAT scores, Harvard and Dartmouth are among the most challenging universities to gain admission to. The median SAT scores for their students are 760 for reading and writing and 790 for math. Still, Harvard has half the admission rate (3.2%) compared to Dartmouth (6.4%).

SchoolAdmission rate
(%)
SAT Score:
Reading & Writing
SAT Score: MathAvg Annual
Cost*
Harvard University3.2760790$13,259
Columbia University3.9750780$12,836
Yale University4.6760780$16,341
Brown University5.1760780$26,308
Princeton University5.7760780$11,080
Dartmouth College6.4760790$33,023
University of
Pennsylvania
6.5750790$14,851
Cornell University7.5750780$29,011

*Costs after receiving federal financial aid.

Additionally, Dartmouth has the highest average annual cost at $33,000. Princeton has the lowest at $11,100.

While student debt has surged in the United States in recent years, hitting $1.73 trillion in 2023, the worth of obtaining a degree from any of the schools listed surpasses mere academics. This is evidenced by the substantial incomes earned by former students.

Harvard grads, for example, have the highest average starting salary in the country, at $91,700.

Continue Reading
Visualizing Asia's Water Dilemma

Subscribe

Popular