Current Global eV Outlook expects 245 million electric vehicles to 2030

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Current Global eV Outlook expects 245 million electric vehicles to 2030-current

According to a new report of the International Energy Agency (IEA), the number of electric vehicles (battery powered plus plug-in hybrid) on the road this year is expected to reach the 10 million border. Revenue with E-vehicles, despite the Corona pandemic also this year. Accordingly, the sales of electric cars should be better than the entire car market.

According to the latest issue of the Global eV Outlook of the IEA, the sales of electric vehicles will be largely equal to the 2.1 million sold in 2019 this year. In view of the expected decline in burners, this would make a record value of 3 percent of the total worldwide car sales. Based on data from January to April of this year, the worldwide car sales is expected to decline by 15 percent this year.

The COVID 19 pandemic will affect the global vehicle markets. And the reactions of governments to the global pandemic will also influence the pace of transition to electric vehicles, the report. Worldwide sales of electric cars increased by at least 30 percent each year over the past decade, with the exception of 2019, as growth slowed to 6 percent, as the regulatory environment changed in China and shrank the sales of cars in important markets. Nevertheless, electric cars in 2019 had another growth year and secured the highest proportion of all time at the global car market at 2.6 percent. China (4.9 percent) and Europe (3.5 percent) generated new records in the market share of electric vehicles in 2019.

Last year, electric vehicles have developed differently in markets worldwide. China remained by far the world’s largest electro-market and made half of all sales in 2019. In 2019, more than 1 million electric cars were sold in China, a decline of 2 percent compared to the previous year. Europe was with 561.000 sold cars in 2019 the second largest market. The US was followed by 327.000 sold cars.

After entering the commercial markets in the first half of the past decade, the sales of electric cars have increased significantly. For comparison: in 2010 only about 17 were.000 electric cars on the way. By 2019, this number has grown to a total of 7.2 million, 47 percent of them in China. In nine countries were more than 100.000 electric cars on the way. At least 20 countries achieved market shares in the new registrations over 1 percent.

Crack E-Cars the 1 percent brand in stock?

Electric cars are expected to reach a good 1 percent of the worldwide vehicle inventory with this year’s paragraph. The report, however, explains that second waves of the pandemic and a slower as expected economic recovery could lead to deviating results. Ultimately, the reactions of governments to the pandemic and the way consumers go out of the crisis determine what happens 2020 and beyond with the markets for electric cars. Ambitious political announcements have already been a decisive stimulus for the introduction of electric vehicles in the most important vehicle markets in recent years.

Currently to be observed that the buyer profile on the Early Adopters’ s electro-market developed towards an acceptance in the broad mass. Significant technological improvements and a larger selection of electric automodes offered would have stimulated the purchase decisions of consumers. The current versions of common electric cars, for example, have a battery energy density, which is 20 to 100 percent higher than their colleagues from 2012. In addition, the battery costs have fallen by more than 85 percent since 2010. Mass market models such as Tesla Model 3 made a significant increase in sales in 2018 in key markets such as the USA for a significant increase in sales. Many other automakers have announced a varied selection of price-attractive electric cars, many of which are expected for 2020 or 2021.

A key technology for sustainable mobility

Electric vehicles play a crucial role for achieving the environmental objectives of the IEA scenario for sustainable development in order to reduce local air pollution and counteract climate change. In 2019, all electric vehicles together have the global consumption of almost 600.000 barrel gasoline and diesel per day avoided. The power generation for supplying the global electric vehicle fleet emitted only about half the amount of CO2 emitted by an equivalent fleet of vehicles with internal combustion engine.

Electric vehicles are a key technology for reducing air pollution in densely populated areas and a promising option to contribute to diversifying energy supply and reducing greenhouse gas emissions. The advantages of electric vehicles do not include exhaust emissions, better efficiency than vehicles with internal combustion engine and a great potential for reducing greenhouse gas emissions. These goals are the main reasons for the political support of many countries in the development and use of electric drives for traffic. So far 17 countries have announced to ban 2050 burners or. Convert to other emission-free drives.

245 million e-vehicles worldwide expected by 2030

In the scenario of sustainable development, accordingly, the worldwide stock of electric vehicles is growing annually by 36 percent and reached 2030 already 245 million electric cars and plug-in hybrids – more than 30 times today’s level. In 2030, electric vehicles reduce greenhouse gas emissions by almost half compared to a comparable fleet of vehicles with internal combustion engine in the scenario of the specified guidelines and two-thirds in the scenario of sustainable development.

The Global eV Outlook combines historical analyzes with forecasts by 2030 and provides important insights into the markets for electric vehicles and charging infrastructures, taking into account operating costs, energy consumption, carbon dioxide emissions and battery material supplies. This year’s issue analyzes the development of the global electric car market and the effects of COVID-19, recent political developments from all over the world, e-auto projections for 2030, the technology and environmental performance of batteries and possible roles of electric cars in power systems.

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