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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

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BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

Green Car Congress

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 However, sales of combustion engine cars are set to drop even faster this year (by 23%), and the long-term electrification of transport is projected to accelerate in the years ahead. of heavy-duty commercial vehicle sales and 6.5%

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UK sells its millionth electric car, fleet market drives BEV demand | Autocar Professional

Baua Electric

The millionth battery electric vehicle (BEV) reached the road in the UK in January 2024, while the new car market grew 8.2% The first month of the year saw 142,876 new cars registered, an increase of 10,882 units on January 2023, making last month the strongest January for the UK market since the pandemic struck in 2020. to take 8.4%

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

Green Car Congress

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. Their use case will mostly be in shorter-distance applications.

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Maharashtra had largest fleet of e-2W, e-PV, e-bus in 2023: Report | Autocar Professional

Baua Electric

With election vehicle adoption gradually picking up in the country, Maharashtra had the largest fleet of electric two-wheelers, passenger vehicles and buses at the end of 2023, according to research by Bloomberg New Economy Forum. Karnataka followed, with the second-largest fleet of electric two-wheelers and cars.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

While electric cars will remain the largest electric vehicle market for the foreseeable future in terms of battery demand and market revenue generation, most transport sectors are facing a transition. There are relatively few strong market drivers for electric vehicles in construction. Electric Vehicles in Construction - 1 GWh.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

The Economic Transition Scenario (ETS), which assumes no new policies and regulations are enacted, is primarily driven by techno-economic trends and market forces. Passenger electric vehicle (EV) sales are set to grow rapidly in the next few years, rising from 6.6 million sold in 2021 to 21 million in 2025. Last ICE in 2038.