week 4: Anticipating Demand for Electric Vehicle Charging

This week, we have added five new reports to our database that provide an in-depth look into the Global electric vehicle market. The reports include an overview of the EU's passenger car, light commercial, and heavy-duty vehicle fleets from 2001 to 2021, as well as an analysis of the global car market for 2023. Additionally, we have also included a report on the demand for electric vehicle charging infrastructure in Ireland and a survey that provides insight into the public's perception of smart charging.
In week 4 we added the following reports:

  • European vehicle market statistics | The ICCT
  • Vehicles in use europe 2023 | ACEA
  • Car Market Outlook 2023: Seeing is believing | ING
  • Electric Vehicle Smart Chargepoint Survey 2022 | BEIS
  • Electric Vehicle Charging Infrastructure Strategy 2022-2025 | Department of transport Ireland

The reports are shared and available free of charge in our database.

 

The European Union’s (EU) passenger car, light commercial, and heavy-duty vehicle fleets from 2001 to 2021

After the COVID-19 pandemic broke out in early 2020, 2021 was marked by a steady decline in the number of new cars registered overall in the EU across all markets. In 2021, the 27 EU member states registered roughly 9.7 million new automobiles, which is about 3% fewer than the year before and 26% fewer than the market’s high in 2019. With the exception of the sport utility vehicle (SUV) segment, where sales increased approximately 8% compared to 2020, and the van segment, where registrations fell 44% compared to 2020, vehicle sales were stagnant across virtually all categories. Thus, the SUV class continued to solidify its position as the market leader, accounting for 43% of new registrations in 2021. The Lower Medium segment came in second at 20%.

This report provides a statistical image of the European Union’s (EU) passenger car, light commercial, and heavy-duty vehicle fleets from 2001 to 2021. The emphasis, as in past editions, is on vehicle technologies, fuel consumption, and emissions of greenhouse gases and other air pollutants.

European vehicle market statistics | The ICCT

Historic develop- ment of the share of battery electric and plug-in hybrid vehicle models among all new vehicle registra- tions, as well as future targets, for China, Europe, and the United States
Source: European vehicle market statistics | The ICCT

 

In 2021, the EU passenger car fleet grew by 1.2% compared to 2020, with nearly 250 million cars on the road in total

The number of passenger vehicles on the road in the EU increased by 1.2% in 2021 compared to 2020, totalling close to 250 million vehicles. All EU nations increased the number of cars in their fleets with the exception of Slovenia (-4.1%). In the European Union, there are 29.5 million vans in use, with half of them concentrated in France (6.3 million), Italy (4.3 million), and Spain (3.9 million). More than 6.4 million medium and heavy commercial vehicles are on EU highways, an increase of 3.2% from 2020. Poland has by far the largest fleet of trucks, with more than 1.2 million vehicles.

This report looks at the vehicles in use in Europe in 2023. It covers the number of vehicles in use, the average age of vehicles, the average distance travelled per vehicle, the number of vehicles powered by alternative fuels, and the number of vehicles registered for the first time in the same year. It also includes a breakdown of the types of vehicles in use in Europe.

Vehicles in use europe 2023 | ACEA

 

Analysis of the Global Car Market for 2023

Despite a pessimistic forecast for the world economy, it is anticipated that worldwide auto sales will increase this year. It may seem contradictory, but higher steady production volumes, delayed demand from the backlog of orders, and perhaps stronger economic growth in some places, like China, could lead to an increase in passenger vehicle sales of about 4% in 2023. Looking further into the future, it is predicted that in 2024, growth will be between 4% and 5%.

This report provides an in-depth analysis of the global car market, with a particular focus on the outlook for 2023. It provides a comprehensive overview of key industry trends, covering topics such as sales, technology, manufacturing, and market structure. The report also examines the competitive landscape and identifies the key players in the industry.

Car Market Outlook 2023: Seeing is believing | ING

% of electric vehicles (BEV + PHEV) in total new car registrations per region
Source: Car Market Outlook 2023: Seeing is believing | ING

 

Smart Charging for Electric Vehicles

When there is a lot of renewable energy available on the grid or when there is a low demand for power, smart charging can be used to charge an electric vehicle (EV). The consumer will profit because if they charge during off-peak hours, they will have access to less expensive energy. Smart charging will become increasingly crucial as more users switch from internal combustion engines to electric cars (EVs) since it helps to minimise unwelcome periods of exceptionally high grid demand, preventing grid instability.

This study is intended to better understand how people feel about smart charging at home and at work as well as how it is currently being used. The research offers data to help monitor and assess how the Electric Vehicles (Smart Charge Points) Regulations 2021 are doing in relation to their goals.

Electric Vehicle Smart Chargepoint Survey 2022 | BEIS

 Type of vehicle charging technology.
Source: Electric Vehicle Smart Chargepoint Survey 2022 | BEIS

 

Anticipating the Demand for EV Charging Infrastructure in Ireland

Anticipating charging demand as the number of EVs on Irish roads increases is necessary. Most EVs will likely be charged at home. In order to reach the goal of almost 1 million electric vehicles on Irish roads by 2030, a seamless public network with “on-the-go” charging options must be accessible. This early stage of EV adoption provides an opportunity to learn from experiences abroad and to consider the opinions of Irish EV drivers, stakeholder organisations, and the general public when creating policy.

This plan is a means to offer the infrastructure needed for EV charging points. A million or more electric vehicles on Irish roads by 2030 is a goal set forth in the Climate Action Plan, and this infrastructure will help achieve that goal. The plan will also aid in maintaining a supply of EV charging infrastructure that exceeds demand.

Electric Vehicle Charging Infrastructure Strategy 2022-2025 | Department of transport Ireland

Public charge points and electric vehicles licensed in Ireland per 100,000 of population
Source: Electric Vehicle Charging Infrastructure Strategy 2022-2025 | Department of transport Ireland

 

If you have any suggestions please consider providing feedback or uploading your report.

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