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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). Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. Global EV penetration increased from 3.4% to 4.5% in 2020. Europe also recorded ...

27 Mar 2018  |  North America  |  Market Outlook

Global Electric Vehicle Market Outlook, 2018

More than 1.6 Million EVs are Likely to be Sold Globally

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The electric vehicle market reached the 1.2-million sales mark for the first time, with more than 165 models available for sale. China is leading the market with 48% market share followed by Europe with 26%. Solid-state batteries are likely to be the 'game changers' of future battery chemistries, as they render 2.5 times higher density than lithium...

27 Nov 2020  |  Global  |  Frost Radar

Frost Radar™: Global Electric Vehicle Charging Infrastructure Market, 2020

A Benchmarking System to Spark Companies to Action—Innovation That Fuels New Deal Flow and Growth Pipelines

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Key Issues Addressed

Many surveys conducted across the globe indicate one common issue tied to electric vehicles (EVs): drivers fear not finding a suitable charging station when needed. Globally, increasing demand for EVs has created significant need for more charging points. About 7.3 million chargers are active across the world (as of 2019), of which, nearly 6.5 mill...

This research service covers the North American battery show, offering insights into topics, such as the presenters, and the key interest areas of electrified mobility, from components, such as a battery, to a vehicle level. It is the most comprehensive and the largest battery manufacturing trade show to showcase advanced battery technology for ...

Tightening emissions standards coupled with plaguing pollution levels have begun to shift the dynamics of the Indian automotive market. While xEV (electric and hybrid vehicles) have gained traction in developed nations internationally, they are yet to do so in the Indian market. However, projections show that in 2030 about 2 million xEVs will be so...

09 Dec 2020  |  Europe  |  Market Research

Strategic Analysis of the EV Market in Netherlands

A Rapidly Growing Market Driven by Europe’s Largest Charging Network and Strong Incentives

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The global automotive industry is evolving in terms of technology while tackling environmental issues. It has introduced electric vehicles (EVs) as a clean energy alternative to conventional internal combustion engine (ICE) vehicles. EVs have low or zero carbon emissions and have become an integral part of automotive OEMs business strategies. Autom...

Industry-wide fleet average CO2 emission targets for 2025 have been set to be 15% lower than 2020 levels, while 2030 levels will be 37.5% lower than 2020 levels. These targets are more stringent and are for cars only (separate targets are set for LCVs). Once the focus area for emission reduction, developments in IC engines no longer play an inte...

16 Dec 2019  |  North America  |  Market Research

Executive Report on Global Electric Vehicle (EVs) Sales in 2018 and H1 2019

About 2.1 Million EVs were Sold in 2018 Globally, of which Nearly 1.2 Million were Sold in China Alone, Occupying more than 57% of the Market

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Key Issues Addressed

The cost driven EV market is heavily dependent on subsidies and incentives offered by various governments on EV purchase and charging. Netherlands and Hong Kong have witnessed a decrease in EV sales post the removal of grants/subsidies on purchase of EVs. Norway has enjoyed a high growth rate of 4.8% with more than 21% of vehicles sold in the count...

03 Dec 2019  |  Latin America  |  Market Research

Analysis of the Latin American Electric Vehicle Market, Forecast to 2025

More than 114.7 Thousand HEVs, 23.3 Thousand BEVs and 20.3 Thousand PHEVs to be Commercialized in 2025

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Key Issues Addressed

The years 2018–2019 represented an inflection point for the nascent Latin American market of electric vehicles (EVs). Local governments have incorporated into their agenda the notion of "electro-mobility"; utilities companies, amongst other players, are developing charging infrastructure projects across the region; and the number of xEV models made...