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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

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IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027

Green Car Congress

In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. The European car market is expected to see a significant drop in sales for 2020 due to COVID-19 related shutdowns.

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Navigant forecasts hybrids to account for almost 4% of global LDV sales by 2020, plug-ins 3%

Green Car Congress

Annual light duty electric vehicle sales by drivetrain, world markets: 2013-2020. In its latest forecast for hybrid and plug-in electric vehicle sales, Navigant Research expects that hybrid electric vehicles (HEVs), which today account for about 2% of global light duty vehicle sales, will grow to almost 4% of global LDV sales by 2020.

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Pike Research forecasts hybrids and plug-ins to grow to 4% of European market in 2020

Green Car Congress

Pike’s projected vehicle sales by electrified drivetrain, European markets: 2012–2020. Pike Research forecasts that electric vehicles—conventional hybrids (HEVs), plug-in hybrids (PHEVs) and battery-electrics (BEVs)—will grow from 0.7% Pike Research forecasts that by 2020 more than 1.8

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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

Green Car Congress

Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% of total worldwide light-duty vehicle sales by 2023, or about 2.5 Accordingly, Navigant expects this luxury brand push to increase global sales of plug-in EVs significantly in the near term. million units.

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Get Ready for a Flood of EV Sales in Quebec, Canada

CleanTechnica EVs

They allow a company to more easily forecast consumer demand as well as company expenditures. continued] The post Get Ready for a Flood of EV Sales in Quebec, Canada appeared first on CleanTechnica. Whether policies are more supportive or less, consistency and predictability allow a company to plan things out.

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Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

Green Car Congress

In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. — Transportation Forecast: Light Duty Vehicles.

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