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Adamas Intelligence forecasts global passenger EV market to deploy 762.9 GWh onto roads in 2023; December rule of thumb

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GWh of battery capacity will be deployed onto roads in newly passenger EVs globally (+/- 12%). million passenger EVs (HEVs, PHEVs, BEVs) will be sold globally (+/- 10%) in 2023, translating to a sales-weighted average pack capacity of 38.7 GWh deployed onto roads globally. Additionally, Adamas projects that 19.7

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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

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million electric vehicles to be sold globally in 2019. This will represent around a 40% growth rate, down from the 70% growth rate in 2018. million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019.

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BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

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BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. —Colin McKerracher, head of advanced transport for BNEF.

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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 million units in 2022.

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EV Global Sales Projections

CleanTechnica EVs

By David Waterworth Will we see 6 million plugin vehicles sold globally this year? From 2010 to 2018, EV sales grew at 60% per year. The math seems to indicate that it might even be more! Starting at 1 million vehicles (just because the math is easier), this is what that looks like in numbers: […].

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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Data and analytics company GlobalData forecasts that the demand for lithium needed for the production of lithium-ion batteries for use in EVs will more than double from 26.7kt in 2018 to 58.3kt in 2022. According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% In 2017, 1.1 million by 2022.

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Adamas: despite global drop in EV sales, battery materials remain strong

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Following a reduction of buyer incentives in China earlier this year, the resultant drop in global monthly EV sales continued through October 2019, which saw a 19% reduction in passenger EV sales versus the same month the year prior, according to Adamas Intelligence.

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