Research Code: MF47-01-00-00-00 . By the most conservative estimates of global Electric Vehicle Fluids and Lubricants market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ xx million in 2020. Toyota led global OEM. Global EV penetration increased from 4.4% in 2020 to 8.8% in 2021. Global EV sales reached 6.75 million units in 2021, 108% more than in 2020. BNEF's own forecast for the global ZEV fleet in 2040 has been raised from 495 million vehicles in its 2019 forecast, to 677 million in its 2021 Electric Vehicle Outlook. Global EV penetration increased from 3.4% to 4.5% in 2020. Get The Executive Summary. DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicle Outlook 2021" report has been added to ResearchAndMarkets.com's offering.In 2020, 3.2 million units were sold, of which 69.4% were Battery . In 2021, just one in three BEVs sold in China, Europe and the US came from a European OEM. New York, USA, Sept. 12, 2022 (GLOBE NEWSWIRE) -- According to the newly published Research Dive report, the global electric vehicle market is anticipated to surpass $812,888.1 million, rising at . The Future of the Global Environment Outlook Following a very successful UN Environment Assembly, the resolution on the future of GEO was approved by Member States on March 2, 2022. : electric vehicles . Over 2.5 Million Electric Vehicles are Likely to Be Sold in 2020 with China Continuing to Be the Leader with a 53% Market Share. EVs are forecast to reach over 7% of new car sales worldwide in 2021, a further 66% growth, to exceed 5 million units sold.. (e.g. Description In 2020, 3.2 million units were sold, of which 69.4% were Battery Electric Vehicles (BEVs) and 30.3% were Plug-in Hybrid Electric Vehicles (PHEVs). Rebounding from the pandemic-related disruptions of 2020, the global automotive industry registered a healthy 5.3% increase in sales, with 81 million in unit sales in 2021. It is estimated that 2021 saw plug-in electric light vehicle (PEV) sales of around 6.7 million units. w 2 and 3 wheelers Size of EV fleet EV share of sales All figures 2021 Passenger EV sales China still dominates the global EV market, but sales are rising quickly elsewhere too. Revenue forecasts to 2031 for Battery Electric Vehicle (BEV) Market, with forecasts for Vehicle Type and battery type, each forecasted at a global and regional level- discover the industry's . In the US, registrations increased by a significant 78.3 percent, rising from 2020's 254,000 units to 2021's 453,000. In 2021: China sold 3.3 million vehicles, more than in the entire world in 2020. DUBLIN, Sept. 2, 2021 /PRNewswire/ -- The "Global Vehicle Leasing Outlook 2021" report has been added to ResearchAndMarkets.com's offering. Together these show that global energy-related emissions need to drop 30% below 2019 levels by 2030, and 75% by 2040, to reach net-zero in 2050. . As per the analysis, the electric vehicle market was valued at USD 273.31 billion in 2020 and is projected to reach USD 802.75 billion by 2028, expanding . Special Price. In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. DUBLIN, December 17, 2021--The "Global Electric Vehicle Charging Outlook, 2021" report has been added to ResearchAndMarkets.com's offering. Key View. By the most conservative estimates of global Electric Vehicle Parts and Components market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ xx million in 2020. Combining historical analysis with projections to 2030, the report examines key areas of . EVs include fully electric vehicles and plug-in hybrid electric vehicles.The growth of EV sales far exceeded that of the total global car market, which was up 26%, with demand returning as . For the first time in 2021 it examines what would be required to bring global road transport emissions onto a trajectory compatible with net zero by 2050. U.S. Energy Information Administration | International Energy Outlook 2021 Narrative 6 Plugin electric vehicles (PEVs), which include both battery electric vehicles and plugin hybrid electric vehicles, are the fastestgrowing lightduty passenger fleet across OECD and nonOECD countries alike. Mar 9, 2022. Battery-electric vehicles are projected to account for 66 percent of the over 5.3. In Europe, it was 9.7%, and in the US, it was 2.3%. Dublin, July 25, 2022 (GLOBE NEWSWIRE) -- The "Global Electric Vehicles Outlook, 2022" report has been added to ResearchAndMarkets.com's offering. Rapid decline of ICE (internal combustion engine) vehicle market share in the European top 5 markets from 92% in 2019 to 60% in 2021. It is developed with the support of the members of the Electric Vehicles Initiative (EVI). Some 630,000 plug-in battery and hybrid electric cars were sold in the U.S. in 2021, twice as many as the year before. Global EV penetration increased from 4.4% in 2020 to 8.8% in 2021. At the end of 2021, there were about 16.5 million plug-in vehicles on the world's roads, triple the . This edition features case studies on Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. The global market for electric vehicles in 2020 Canalys estimates that global sales of passenger cars peaked in 2017, and fell in 2018 and 2019. Global EV penetration increased from 3.4% to 4.5% in 2020. w 2 and 3 wheelers Size of EV fleet EV share of sales All figures 2021 Passenger EV sales China still dominates the global EV market, but sales are rising quickly elsewhere too. We believe that the higher production cost, from higher input costs . Current Affairs MCQs PDF - August, 2022 The near-term outlook for EV sales is bright. APAC recorded a 151.7% YoY growth, the highest among others, helping it widen the gap between itself and Europe in 2021. What is more, the future looks brighter than ever. That's according to preliminary EV-volumes data cited by the International Energy Agency (IEA), which reports that all net growth in global car sales in 2021 can be attributed to electric vehicles.. Global EV Outlook 2021 The Global EV Outlook is an annual publication that discusses recent global developments in electric mobility. EVs include fully electric and plug- in hybrid passenger cars. A review of industry outlooks shows that zero-emission vehicle forecasts have been raised across the board. SKU: AU01988-EU-MO_24316. Summary. . Worldwide EV sales doubled year over year in 2021 to 6.6 million, the International Energy Agency reported in its Global EV Outlook for 2022 on May 23. MF3d. "In a tough 2020 for the automotive industry, the strong demand for EVs has been a real bright spot. It is developed with the support of the members of the Electric Vehicles Initiative (EVI). As per the report by IEA, the global sales of electric cars were . Request Sample. The plugged-in vehicle market grew even after Covid mainly in Europe and China. DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicle Charging Outlook, 2021" report has been added to ResearchAndMarkets.com's offering.In 2020 the adoption of Electric Vehicles (EVs) accelerated . Get in-depth details about factors influencing the market shares of the important regions like United States, Asia-Pacific, United Kingdom, France & Germany? RELEASE DATE 07-May-2020. Bloomberg analysts predict that even with no further incentives for electric vehicles, EVs will make up 88% of passenger vehicle sales in the year 2050. The global electric vehicle market was estimated at USD 170 billion in 2021 and is expected to reach over USD 1103.17 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 23.1% during the forecast period 2022 to 2030. The New Energy Outlook (NEO) is BloombergNEF's annual long-term scenario analysis on the future of the energy economy. When it comes to the future, according to the Global EV Outlook 2022, there are three possible scenarios: The Stated Policies Scenario suggests that by 2030, the global electric vehicle. The Global EV Outlook is an annual publication that identifies and discusses recent developments in electric mobility across the globe. . What are the market opportunities and threats faced by the vendors in the Electric Vehicle Test Solution Market? Some 11.3 million battery electric vehicles (BEVs) were in use globally in 2021. Both the regions had the backing of government subsidies which helped them to shrug off the initial decline in sales in 2020 to grow. Global EV penetration in 2020 was 4.8%. Adoption of EVs in the commercial van and truck market is further behind, but is picking up speed. By 2030, the global EV market is expected to see a significant rise in the share of battery electric vehicles (BEVs) and hybrid cars. US sales more than doubled relative to the first-quarter of 2020, albeit from a much lower base. Global electric vehicles market is expected to reach by 2027, with a growing CAGR of 34.1% during the forecast period (2021-2027). The global Plastic for Electric Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028. To estimate and forecast the market size of global electric vehicle market from 2023 to 2027 and growth rate until 2027. Level 2 charging infrastructure expects to observe an increment growth of over 5,000 thousand units by 2026. Global Electric Vehicle Market Outlook, 2020. The global electric vehicle charging infrastructure market will reach $212,414.5 million by 2031, growing by 33.2% annually over 2021-2031, driven by the increasing production and sales of . Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. While we expect the demand for new electric vehicles (EVs) to strengthen further in 2022, the limited supply of vehicles stemming from the global semiconductor shortage, shipping delays and limited battery production capacity will severely limit EV sales over 2022. In its Global Electric Vehicle Outlook 2022, the IEA tells us that plug-in vehicle sales (EVs and plug-in hybrids) doubled in 2021 to a new record of 6.6 million, and have continued rising strongly in 2022, despite global supply chain issues. China is the global EV sales leader . In 2021, of 6.7 million units sold, 70.7% were. Global passenger EV sales by market The Chinese market picked up steam after a period of slowdown in 2020, as vehicle . The total global car market grew just 4% in 2021 as it continued to struggle with COVID-19 restrictions and chip shortages. Battery-electric vehicles accounted for 69.4 percent of the over 3.2 million electric vehicles sold in 2020. Global passenger EV sales by market The electric vehicle sales in 2021is expected to grow by 15%-20% as compared to 43% growth in 2020. The study provides a 360-degree . Electric vehicles represented almost 5% of all new car sales in 2020. Latest E-Books. "While they can't do the job alone, electric vehicles have an. According to the International Energy Agency's Global EV Outlook 2021, worldwide 368 electric car models were available in 2020, marking an increase of 328% compared to 2015 when there were only 86. To classify and forecast the global electric vehicle market based on vehicle. REGION Europe. Battery electrics are pulling ahead of plug-in hybrids and the gap is set to widen further in the years ahead. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. The manufacturer's electric vehicle . Before the pandemic, Canalys had already forecast another sales decline in 2020, and further declines over the next decade. Europe also recorded the highest Year-over- Year (YoY) growth of 137.1% in the last 6 years, helping to climb to the number one position in 2020, ahead of China. 1. That year, more than four million new battery electric vehicles were added to the worldwide fleet . There are now more than 16.5-million electric cars on the road, tripling from 2018. Jul 27, 2022. Outlook 2021. In 2021, of 6.7 million units sold, 70.7% were BEVs, and 29.1% were PHEVs. In 2021, global EV revenues are expected to increase by 50% or more. Key . Overview. In 2021, the Volkswagen Group recorded just under 762,900 electric vehicle sales worldwide, almost 80 percent more than its 2020 sales volume. Dublin, Aug. 12, 2021 (GLOBE NEWSWIRE) -- The "Global Electric Vehicle Outlook 2021" report has been added to ResearchAndMarkets.com's offering.. Key Topics Covered: 1. In new research on the global electric vehicle market, Canalys estimates that 6.5 million electric vehicles (EVs) were sold worldwide in 2021, up 109% on 2020. In the first-quarter of 2021, global electric car sales rose by around 140% compared to the same period in 2020, driven by sales in China of around 500 000 vehicles and in Europe of around 450 000. Feb 3, 2022. According to this latest study, the 2021 growth of Electric Vehicle Fluids and Lubricants will have significant change from previous year. The . Global EV Outlook 2022: Press launch 7 views May 24, 2022 Electric car sales powered through 2021 and have remained strong so far in 2022, but ensuring future . In our International Energy Outlook 2021, EVs include both full battery, all-electric vehicles and plug-in hybrid electric vehicles that are primarily powered by liquid fuels when batteries are nearly depleted. In the first quarter of 2021, electric car sales were almost two and a half times higher than during the same period in 2020. Combining historical analysis with projections to 2030, the report examines key areas of interest such as electric vehicle and charging infrastructure deployment, ownership cost, energy use, carbon dioxide emissions and battery material demand. US sales more than doubled relative to the first-quarter of 2020, albeit from a much lower base. $14 Billion Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026: Revenue is Expected to Grow at a CAGR of Over 30% - ResearchAndMarkets.com May 24, 2021 08:02 . In our Economic Transition Scenario, ZEVs . According to this latest study, the 2021 growth of Electric Vehicle Parts and Components will have significant change from previous year. of the members of the Electric Vehicles Initiative (EVI). Tesla emerged as the global leader with sales of 499,512 units, followed by the VW Group with 423,871 units. HTF3530237. Sep 02, 2021, 12:00 ET. The annual International Energy Agency Global Electric Vehicle Outlook report for 2022 indicates sales of 6.6-million electric cars last year - a new record, rising to nearly 10% of global car sales and double that of 2020. The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028. Electric Vehicle Outlook 2021, BloombergNEF . Growth rates in China continued to outperform other regions of the world with sales of almost three million BEVs in 2021. Bloomberg NEF has raised its own forecast for the global 'zero-emissions vehicle' fleet in 2040 from 495 million vehicles in its 2019 forecast to 677 million in its 2021 Electric Vehicle Outlook. Battery electrics are pulling ahead of plug-in hybrids and the gap is set to widen further in the years ahead. Global EV Outlook 2021. The near-term outlook for EV sales is bright. Change in PEV registrations worldwide by market 2021. In a new digital report, Electric vehicle outlook: 2021 and beyond, Canalys publishes detailed EV sales data, forecasts and analysis on this fast-growing and fast-changing part of the car market. Global Outlook and Forecast 2021-2027. Tesla retained the leadership with sales of 936,172 units, followed by the . In Europe, 2.3 million EVs were sold. To get on track for a net-zero global fleet by 2050, zero-emission vehicles need to represent almost 60% of global new passenger vehicle sales by 2030. The publisher has been monitoring the hybrid electric vehicle conversion kit market and it is poised to grow by 40.06 thousand units during 2021-2025, progressing at a CAGR of 16.71% during the forecast period. In its latest report on the global electric vehicle market, Canalys estimates that during the first half (H1) of 2021, 2.6 million electric vehicles (EVs) were sold on a global basis, up 160% on H1 2020. The Electric Vehicle Outlook analyzes in detail the economic and technology trends affecting the road transport sector by segment and countries up until 2040. Growth Environment. Global EV Penetration will Increase from 4.5% in 2020 to 6.1% in 2021 In 2020, 3.2 million units were sold, of which 69.4% were Battery Electric Vehicles (BEVs) and 30.3% were Plug-in Hybrid Electric Vehicles (PHEVs). We project EV fleet shares will reach 34% in OECD countries and 28% in non-OECD countries by 2050. . global-electric-vehicle-outlook-2021. Competitive Intensity of Leading Manufacturers will Lead to more than 11.1 Million EVs Sold Globally In 2021, of 6.7 million units sold, 70.7% were BEVs, and 29.1% were PHEVs. "In 2022, in Europe, electric cars are going to outsell diesel ones . Plug-in electric light vehicle sales worldwide 2015-2021. 3 min read. -quarter of In the first 2021, global electric car sales rose by around 140% compared to the same period in 2020, driven by sales in China of around 500 000 vehicles and in Europe of around 450000. 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