The number of new battery electric vehicle (BEV) registrations increased in 2022 despite a general downturn in the EU car market. As a consequence, the market share of BEVs increased to 12.1%, an increase of 3.0 percentage points over 2021. Hybrid vehicles also had a successful year, with a market share of 22.6%. Traditional fuels like gasoline and diesel, meanwhile, kept losing momentum. Yet, they still made up more than half of all automobile sales in the EU in 2022. Read More
Europe's supply of battery cells is expected to significantly increase over the next decade, according to the latest research from T&E (Transport & Environment). This could create a self-sufficient battery market in Europe by as early as 2026–2028. Read More
It appears that this year will see a $100 billion global investment in electric car chargers. This amount of investment was reached over around a ten-year period, but BloombergNEF estimates that the next $100 billion will likely be spent in just three years. Read More
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
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
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
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
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
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
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
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