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Global light duty electric vehicle (EV) sales exceeded 10.5 million units in2022, with a year-on-year growth of 55%, but these trends differ regionally.Despite the robust growth, upfront purchase price remains a challenge forconsumers in different regions, and thus, OEMs make technology choices torespond to market needs. This paper examines the electrification portfoliochoices of three major automotive manufacturers (OEMs) in different regions ofthe world, including Europe, Americas, Asia Pacific, and Africa/Middle-East.The analysis focuses on trends in dominant segments for Battery ElectricVehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV), as well as batterychemistry choices. Regional differences show a trend towards SUVs for both BEVsand PHEVs. Tesla's dominance in the BEV market influences battery chemistrychoices. Average battery sizes for BEVs remain similar in Europe and Americas,but lower in Asia Pacific and Africa/Middle East.

A Regional Analysis of Electric LDV Portfolio Choices by Vehicle Manufacturers