The Electric Drive Continues

The Hybrid and Electric Vehicle Technology Collaboration Programme (HEV TCP), part of the International Energy Agency’s Energy Technology Network, is an international collaboration of 18 countries exploring cutting-edge questions in hybrid and electric vehicles. Their 2021 Annual report opens on a positive note, stating the EV market outperformed that of conventional vehicles in 2020, and continues to grow fast.
According to the figure below, the first half of 2020 mainly saw reductions in the monthly sales of plug-in vehicles compared to the year before. Those numbers shifted in the second half of 2020, showing a significant increase in the monthly sales of EV’s. Overall, this resulted in an annual increase of 43% globally, while global sales of conventional vehicles decreased by 14%.

Source: The Electric Drive Continues | IEA

Driving towards an electric future

By the end of 2020 there were more than 10 million EV’s on the road. Compared to 2019, EV registrations saw an increase of 41% in 2020. This despite the COVID-19 pandemic seriously impacting vehicle manufacture and sales across the globe. 

Nearly 5% of all new car sales in 2020 were EV’s, meaning approximately 3 million new EV’s hit the road last year. About 75% of these EV’s were registered in HEV TCP member countries. According to The International Energy Agency (IAE), this resilience is due to supportive regulatory frameworks, additional incentives, and an increase in the numbers of EV models on the market.

Tasks of the HEV TCP

Currently, 19 countries form the membership of the HEV TCP. They collaborate on shared projects, so called ‘Tasks’, to help them better understand and address challenges, both technical and non-technical, and thus provide guidance to policy makers.

This information exchange lies at the core of HEV TCP’s work. It enables its members to share key policy insights and best practices, as well as to identify common research interests in the rapidly growing international hybrid and electric vehicle field. 

The electrification of transport

Task 1 began in the first phase of HEV TCP in 1993 and continues as the main forum and portal for announcing news and results to the broader International Energy Agency community.

In 2020, the current members continued to actively participate in these tasks and pursue their agenda for the electrification of transport. The 2021 annual report contains an extensive overview of these tasks, essential in moving towards a future driven by electricity.

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Published by: IEA | May 8, 2023