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20 Jul 2021  |  North America  |  Market Outlook
Global Electric Vehicle Outlook 2021
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). 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 ...
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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
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...
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08 May 2020  |  North America  |  Market Outlook
Global Powertrain Outlook, 2020
Diesel’s Share to Continue Decline to Less Than 30% in Europe; EVs Expected to Grow by 3.4% and Hybrids to Decrease by 2.3%; Covid-19 to Bring Global Sales Down by 14.2%
This research service provides an in-depth analysis of powertrain technologies and the strategic imperatives of upcoming diesel and gasoline technologies, technology roadmaps, and technology advancements. The study highlights current and future product plans of various manufacturers and their growth potential. It also covers the impact of Covid-19 ...
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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
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...
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13 Mar 2018  |  North America  |  Market Research
Global Strategic Analysis of Charging Technologies for Electric Vehicles, Forecast to 2025
PHEVs to Get DC Fast-charging Features While Ultra-fast DC Charging to Become a Norm in BEVs with Over 0.26 Million DC Fast-charging Stations to be Installed Globally by 2025
Although battery electric vehicles and plug-in hybrids are being touted as a sustainable alternative transportation solution, hindrance of adoption can be attributed towards range anxiety. This coupled with increasing battery efficiency is driving OEM's to introduce long range EV's. Bigger battery packs owning to long range EV's cannot suffice with...
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16 Aug 2021  |  Asia Pacific  |  Market Research
South Korean Electric Vehicle Growth Opportunities
Technology Strategy of South Korea will Transform it into a Leader with Global Influence
Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative due to low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to be p...
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02 Apr 2019  |  North America  |  Market Outlook
Global Powertrain Outlook, 2019
Diesel Engine to Continue its Decline, E-Mobility and 48V to Boom, and Cleaner Gasoline Engine Technologies to Surface
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...
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16 Nov 2021  |  North America  |  Market Research
Global Electric Vehicle Charging Outlook, 2021
Charging Infrastructure is Witnessing Transformational Growth Driven by Rapid EV Penetration
In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. Global EV penetration in 2020 was 4.8%. In Europe it was 9.7%, and in the US, it was 2.3%. This rapid growth has sustained into ...
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24 Jun 2021  |  North America  |  Market Outlook
Global Powertrain Outlook 2021
Powertrain Electrification Offers Future Growth Potential through mHEVs, PHEVs, and BEVs, While Diesel Powertrains are Fast Fading From Organizations’ Technology Strategy
The global powertrain industry continues to be dominated by internal combustion engines (ICE), specifically, gasoline engines, while diesel engine’s share has been falling since the dieselgate scandal. While the share of IC engines operating on alternate fuels has remained constant, vehicle electrification is on the rise. Irrespective of the t...
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25 Mar 2019  |  North America  |  Market Outlook
Global Electric Vehicle Market Outlook, 2019
Over 2.8 Million Electric Vehicles are Likely to be Sold in 2019 With China Being the Leader With 57% Market Share
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...
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