Key Market Indicators
Swiss electric vehicle registrations are projected to soar to approximately 160,000 units by 2028, up from around 82,000 units in 2023. This represents an average annual growth rate of 10.3%. Since 2019, the Swiss market has shown a robust 54% year-on-year increase. In 2023, Switzerland ranked 11th globally in electric vehicle registrations, with the United Kingdom surpassing it with a similar figure of 82,000 units. Leading the ranking, Sweden, Italy, and the Netherlands secured the second, third, and fourth positions, respectively.