This is my archive

The 2022 West European BEV market ended with a bounce

Western Europe witnessed 15 per cent of its total passenger car market accounted for by pure electric BEV passenger cars during 2022 according to the next edition of the European Electric Car Study. Read More

Expansion of EV shares in China and Europe is slowing down

In 2022, it is predicted that global BEV+PHEV registrations would account for 13% of all new vehicle sales. In 2023, this proportion is projected to rise to 15%. Assisted by "front loading" and the phase-out of subsidies, EV sales in China increased dramatically in 2022. With 6.5 million new BEVs and PHEVs in 2022, China is expected to surpass Europe as the world's largest EV market. The increase of the EV share in new sales, however, is anticipated to be severely slowed by the end of direct financial incentives (only 5% tax exemption is left). In China, it is anticipated that 28 new automobiles out of every 100 will be electric by 2023. Read More

Europe could end China Li-ion battery reliance by 2027

According to Transport & Environment (T&E), the EU may stop depending on China for lithium-ion battery cells by 2027. The new analysis of battery-maker announcements shows that Europe is on pace to generate enough Li-ion cells by then to completely satisfy domestic demand for electric vehicles and energy storage. The green organisation asserted that, in order to prevent losing investments in the EV supply chain, the EU must have a strategy to counteract US subsidies. Read More

Decline in registrations and rise in Electric Vehicle sales

After the COVID-19 pandemic began in early 2020, the year 2021 was characterised by a consistent decrease in the total number of new automobiles registered in the EU across all markets. Read More

China’s ZE-HDV Market Consolidation

The Chinese market for zero-emission heavy-duty vehicles (ZE-HDV) has grown rapidly in the last decade, from nearly no sales to more than 200,000 vehicles in 2016. However, total sales decreased over the years due to the phaseout of incentives for electric trucks and buses. In the last five years, the market for ZE-HDV has been increasingly dominated by zero-emission buses, the majority of which are battery-powered, with their share rising to 80%. Read More

Cities boost mobility networks & EV charging infrastructure

New economic difficulties and increased extreme weather cannot derail efforts by cities to improve their mobility networks at a time when they are still recuperating from the COVID-19 disruptions. To maintain resilience and stimulate economic vitality, they require effective and equitable mobility networks. Read More

$300 billion in new lithium ion battery gigafactories

Over the previous four years, about $300 billion in new lithium ion battery gigafactories have been announced, fueled by the industry's fast expansion in China, the world's largest producer. Read More

Preview: monthly market intelligence

Live streaming a fast-paced major sporting event while the neighbours next door tune in via a conventional TV connection can often cause a confused picture when screams of jubilation – or groans of anguish – are heard moments before it becomes clear what is happening. Booming electric car deliveries in the final months of 2022, leading to an almost 30% plug-in mix in November, could be feeding a similar narrative with a bitter 2023 hangover groan possibly around the corner. A challenging and bumpy anomaly-lined road lies ahead across Europe's famously heterogeneous market. Regional CO2 legislation and thick order books should be enough to fill some of those holes, though. Read More

Indonesia to lead SEA battery manufacturing by 2030

Indonesia is on track to become the largest lithium-ion battery and component manufacturing hub in Southeast Asia. This is thanks to its abundant raw material resources, including nickel and cobalt, and investments from global companies. Read More

The Growing Battery Market: BYD Surpasses LG

Between January 2022 and November 2022, BYD surpassed LG Energy Solution to achieve third place in the ranking of installed battery capacity for all electric cars sold globally (BEV, PHEV, and HEV). During this period, 446.0 GWh, or 74.7% more energy than the previous year, was stored in the batteries of electric cars. Since the third quarter of 2020, the market has been continuously growing. Read More