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In 2020, the global sales volume of plug-in vehicles will be 3.24 million From EV-volumes

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2020 will be a bumper year for plug-in vehicles. It is estimated that the global sales of BEV + PHEV will be 3.24 million, compared with 2.26 million in the same period last year.

In 2020, there will be nearly 14 million BEVS and PHEVs registered in Europe, an increase of 137% compared with that in 2019, while the car market will drop by 20% year on year. New attractive models, green recycling funds incentives, 95 grams of carbon dioxide mandatory requirements, greatly increase the demand for electric vehicles.

Europe has replaced China as the driving force for the growth of electric vehicles. For the first time since 2015, sales of electric vehicles in Europe have surpassed those in China. Europe leads further in electric vehicle share: Bev + PHEV market share increases from 3.3% in 2019 to 10.2% in 2020 (including the UK). During this period, the share of new energy vehicles in China increased from 5.1% to 5.5%.

Outside Europe, the growth of electric vehicles is slow, but still impressive. In the second half of the year, China’s new energy vehicle sales recovered strongly, with an annual growth of 12%. Over the same period, sales of electric vehicles in the United States grew by only 4%.

Europe leads the popularization of electric vehicles

In most countries, Bev and PHEV are more resistant to corona crisis than the general automobile market. In terms of quantity, the global Bev + PHEV delivery increased by 43% year on year, while the global light vehicle market decreased by 14%. Its global market share will grow from 2.5% in 2019 to 4.2% in 2020.

Europe’s real electric vehicle boom began in June and July and peaked in December, with sales of nearly 285000 vehicles, a 260% year-on-year increase and a 20% market share. All OEMs strive to achieve their CO2 emission targets. In addition, China’s new energy vehicle sales also rebounded in the second half of the year, with a year-on-year growth of 80% from July to December.

In the United States, sales of electric vehicles (4% year-on-year growth) are better than that of the automobile market (15% year-on-year growth), mainly due to the introduction of Tesla model-y. Tesla has expanded its leading position in the industry, with 62% of all plug-in car sales in the United States coming from Tesla and 79% of BEVS coming from Tesla.

Germany becomes the second largest electric vehicle market after China

Compared with 2019, the sales of plug-in vehicles in Germany increased by 254%, Bev by 191% and PHEV by 351%, which witnessed a high proportion of German OEM in PHEV models. Plug in hybrid vehicles account for half of the sales of plug-in vehicles in Germany.

Compared with 2019, sales of electric vehicles in many European markets have tripled or tripled. Europe accounts for 43% of global EV sales in 2020, compared with 26% in 2019.

Read more: EV volumes: global electric vehicle sales will increase by 43% against the wind in 2020, 550 cars Weilai: 2q20 minutes of telephone conference: it is estimated that 11000 cars will be delivered in Q3 and the threshold will be lowered by renting battery mode. China electric vehicle 100 people meeting: Research on electric vehicle travel in rural areas of China (version 2.0) cinaev100 & NRDC: Research Report on business prospects of interaction between electric vehicles and power grid (attached below) sideevs: global electric vehicle sales will reach nearly 2.21 million in 2019 Tesla 368000 Toyota: electric vehicle globalization strategy report in 2019 Deloitte Consulting: Automotive Technology Frontier survey International Energy Agency: global electric vehicle outlook report in 2018 Weilai: 3q20 financial report teleconference record to be released Car Credit Suisse: penetration rate of electric vehicles is expected to rise to 57% in 2030 energy structure favorable environmental policies frequently appear Watch out for domestic power battery overcapacity Guojin Securities: Tesla industry series in-depth report: electric and intelligent flying together

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