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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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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.

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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 forecasts cumulative plug-in vehicle sales to reach 5.2M units worldwide by 2017

Green Car Congress

Annual light-duty electric vehicle sales, world markets: 2011-2017. Pike Research forecasts that cumulative sales of plug-in electric vehicles (PEVs), the category that includes both plug-in hybrid and battery-electric vehicles (PHEVs and BEVs), will reach 5.2 Source: Pike Research. Click to enlarge.

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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 Click to enlarge.

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Advantage China: BYD becomes first car-maker to build six million plug-in vehicles and is set to overtake Tesla for EV sales

EV Central

NEVs is the Chinese category of cars that consist of plug-in hybrid (PHEVs), range-extender hybrids and pure-electric cars (EVs). Those sales figures are impressive, but if you include non-plug-in hybrid vehicles Toyota still dominates when it comes to electrified vehicles, producing more then 15-million of them at the last count.

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Pike forecasts annual global plug-in vehicle sales to exceed 1M units by 2015

Green Car Congress

Pike Research forecasts that global sales volumes of plug-in electric vehicles (PEVs) (plug-in hybrid electric and battery-electric vehicles) will cross the 1 million unit threshold for the first time by 2015. In those markets, plug-in hybrids will represent 71% of all electric vehicle sales in 2015.

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