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Global electric vehicle report 2021 From IEA

The following is the Global electric vehicle report 2021 From IEA recommended by And this article belongs to the classification: New energy vehicle industry, research report.

IEA released “global electric vehicle report 2021”. After 10 years of rapid growth, 10 million electric vehicles (EV) have been put into use by the end of 2020. Registration of electric vehicles will increase by 41% in 2020. The global sales of electric vehicles is about 3 million, and the European market surpasses China for the first time. The registration of electric buses and trucks in major markets has also expanded, with global inventories reaching 600000 and 310000 respectively.

The resilience of electric vehicle sales in the face of the new crown pandemic depends on three pillars:

Supportive regulatory framework: before the pandemic, many countries were strengthening key policies, such as carbon dioxide emission standards and zero emission vehicle (ZEV) regulations.

Additional incentives to protect electric vehicle sales from the recession: some European countries have increased incentives to buy.

As the number of electric vehicle models increases, battery costs continue to decline.

The car manufacturer announced plans for electrification. 18 of the world’s top 20 auto manufacturers have announced plans to expand their vehicle portfolio and expand the production scale of light electric vehicles. In 2020, these 20 manufacturers will account for 90% of new car registrations.

In 2020, consumers’ spending on electric vehicles will increase to $120 billion. At the same time, governments around the world spent $14 billion to support electric vehicle sales, up 25% from 2019, mainly due to stronger stimulus measures in Europe.

In the first quarter of 2021, the sales volume of electric vehicles in China is about 500000, and that in Europe is about 450000. Compared with the same period in 2020, the global sales volume of electric vehicles is about 140%.

Strong momentum of electric vehicle market

In the context of existing policies, the stock of all types of electric vehicles will reach 145 million in 2030, accounting for 7% of the total number of vehicles.

Electric vehicles will become more common on the road in the 1920s

Despite the success of the deployment of electric vehicles, it remains a daunting challenge to be consistent with climate goals. This requires greater ambition and action on the part of all countries.

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