ICCT Report: Varying Success in Vehicle Electrification

The ‘Annual update on the global transition to electric vehicles: 2022’ by the ICCT sheds light on the progress made by various countries and regions towards their vehicle electrification targets. The findings reveal a mixed bag of results, with some nations exceeding expectations while others fall short of their goals.
China, the world’s largest automotive market, surpassed its 2025 target of a 20% share of new electric vehicle (EV) sales by reaching an impressive 26% in 2022. This achievement suggests that China may set more ambitious medium- to long-term targets, demonstrating its commitment to sustainable transportation.

Meanwhile, Norway, known for its strong focus on clean mobility, achieved a record-high 71% share of zero-emission vehicle (ZEV) sales in 2022. The country appears to be well on track to achieve its goal of 100% zero-emission light-duty vehicle (LDV) sales by 2025, reinforcing its position as a global leader in the transition to electric mobility.

Denmark and Iceland also showcased promising progress, with an EV share of 39% and a ZEV share of 41% in their respective markets. These figures indicate that both countries are relatively on track to meet their 2030 electrification targets, signaling their dedication to reducing greenhouse gas emissions and promoting sustainable transportation alternatives.

The European Union (EU) recently adopted a regulation mandating zero carbon dioxide (CO2) emissions for new LDVs from 2035 onwards. The regulation applies to the member states of the European Economic Area (EEA), which includes the 27 EU member states and, pending adoption, Iceland, Liechtenstein, and Norway. However, with only a 12% ZEV share of new LDV sales in the EEA, further efforts are required to accelerate vehicle electrification and achieve the ambitious 2035 target of 100% ZEV share in the region.

The ICCT report highlights that several other markets worldwide are also struggling to meet their announced targets for vehicle electrification. While the global push toward a sustainable transportation future is gaining momentum, it is evident that concerted efforts and accelerated actions are needed to overcome the challenges associated with transitioning to electric mobility.

Source: Annual update on the global transition to electric vehicles: 2022 | The ICCT

Graph showing the targeted electric or zero-emission vehicle share of new sales for selected markets and progress made by 2022. Various targets for 2025, 2030, and 2035 are illustrated with progress gaps for EV and ZEV shares indicated in different colors.
Source: Annual update on the global transition to electric vehicles: 2022 | The ICCT
Related news

Germany's decline slows EU EV market growth in first half of 2024

The European Union's electric vehicle market saw modest growth in the first half of 2024, driven…

read more
Electric Vehicles
Europe
Published by: Editorial board | July 19, 2024

Electric vehicles now cheaper than combustion models in China

China has reached a significant milestone in the electric vehicle (EV) market: EVs are now cheaper…

read more
Electric Vehicles
Asia
Published by: Editorial board | July 18, 2024

Five countries lead Europe’s electric truck charging infrastructure

Europe is advancing with the electrification of Heavy Duty Vehicles (HDVs). Recent data from Gireve shows…

read more
EV Charging
Europe
Published by: Editorial board | July 17, 2024

China leads the charge in global EV adoption, surpassing US And EU

Over the last two decades, the global electric vehicle (EV) market has seen remarkable growth, with…

read more
Electric Vehicles
Global
Published by: Editorial board | July 15, 2024