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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...

This research service provides an in-depth analysis of powertrain technologies and the strategic imperatives of upcoming diesel/gasoline technology, technology roadmaps, and technology advancements. The study highlights current and future product plans of various manufacturers and their growth potential. Emission regulations are tightening across t...

About 2 million electric vehicles were sold globally out of which 68.7% were battery electric vehicles (BEV) and 31.3% were plugin hybrid electric vehicles (PHEV) recording a y-o-y market growth of 57.3%. China retained its market leadership for the 5th consecutive year with a 55.5% share, selling approximately 1.1 million electric vehicles (75% of...

Greenhouse gas/fuel efficiency regulations in TRIAD countries and increasingly stringent tailpipe emission standards in developing countries will shape the powertrain strategies of OEMs over the next decade. This study provides an overview of key future fuel efficiency and tailpipe emission regulations across different regions for heavy-duty comme...

The automotive industry is evolving rapidly in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative as they have low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers like PSA and Volkswagen (VW) are creati...

The residential battery storage market is being spurred on by feed-in tariff and net metering revisions in residential PV hotspots, subsidies and tax incentives, rapid reductions in lithium-ion battery prices, and rising electricity tariffs. This is resulting in a shift from policy-driven markets for solar power grid trade to self-consumption-drive...

This research focusses on legislative measures taken by governments globally to adopt and implement high-end battery technology, and bring in new business models for private and public sectors to develop battery thermal management systems (BTMS). Private and public sectors have constantly provided investments and funding to OEMs, Tier I suppliers, ...

The electric mobility space is rapidly evolving owing to the influential impact of the autonomous, connected, electric and shared mobility (ACES) trend. While automakers are electrifying and integrating next-gen technological features, start-ups in this space are creating a competitive difference by identifying white spaces and catering to niche co...

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...