Week 43: European EV sales are stalling

This week, we have curated new reports for you. We also published a new highlighted report in which we summarise JATO's report on electric vehicle mass adoption. We hope this update keeps you updated on the latest industry developments.
In week 43 we added the following reports:

  • From boom to brake: Is the e-mobility transition stalling? | Transport & Environment
  • Assessment of light-duty electric vehicle costs and consumer benefits in the united states in the 2022–2035 time frame | ICCT
  • Net-zero, circular transition in road transport | Institute for European Environmental Policy
  • Alternative battery chemistries and diversifying clean energy supply chains | Atlantic council
  • E-mobility: cell manufacturing in India | Arthur D Little

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

 

Electric Vehicle sales in Europe fell to 11% in the first half of 2022.

Chinese automakers are making inroads into the European market, accounting for 5% of all BEVs sold so far this year. Based on present trends, they might provide 9% to 18% of Europe’s battery electric vehicles (BEV) by 2025.

According to Transport & Environment’s annual automotive CO2 study, European EV sales are stalling as China and other rivals acquire a foothold in the industry.

From boom to brake: Is the e-mobility transition stalling? | Transport & Environment

A line graph showing the battery electric vehicle (BEV) sales share (%) from H1 2019 to H1 2022 for Europe, China, and the USA. Europe has the highest growth, followed by China and the USA. The source is ACEA 2022.
Source: From boom to brake: Is the e-mobility transition stalling? | Transport & Environment

 

Get a grip on the state of the global EV industry.

Governments all across the globe are attempting to hasten the transition to zero-emission transportation. The United States is attempting to change its lagging status by supporting electric vehicles through supply chain initiatives, automotive rules, customer incentives, and assistance for charging infrastructure deployment.

This report examines vehicle component-level costs to estimate typical battery electric vehicle (BEV), plug-in hybrid vehicle (PHEV), and conventional vehicle prices across various light-duty vehicle classes in the United States through 2035.

Assessment of light-duty electric vehicle costs and consumer benefits in the united states in the 2022–2035 time frame | ICCT

A bar graph showing annual global light-duty electric vehicle sales from 2010 to 2021. The data are categorized by regions: China, Europe, United States, and Rest of the world. Sales increase significantly over time, with a dramatic rise in 2021.
Source: Assessment of light-duty electric vehicle costs and consumer benefits in the united states in the 2022–2035 time frame | ICCT

 

Lowering European transport emissions

To reach its target to cut GHG emissions by at least 55% by 2030 (relative to 1990 levels), the EU’s transport emissions are expected to be lowered by 90% in order for the bloc to meet its 2050 climate objectives (European Commission, 2020). To reach this goal, the European Commission proposed a zero-emission road mobility target for 2035, with new passenger car emissions reduced by 100% compared to 2021. (European Parliament, 2022).

This briefing maps out some of the main spillovers that may be linked to the implementation of policies relevant to reaching a circular net-zero road transport.

Net-zero, circular transition in road transport | Institute for European Environmental Policy

A table titled "Materials necessary to fully electrify the EU's 240 million passenger car fleet" lists material components (steel, aluminium, lithium, nickel, cobalt, manganese, and copper), their average demand per EV (total 947 kg), and the total demand for 240 million EVs.
Source: Net-zero, circular transition in road transport | Institute for European Environmental Policy

 

Reducing the pressure on lithium-ion supply chains

Batteries that can enable the clean electrification of light-duty transportation while also reducing the intermittent nature of renewable energy on the grid will be required for global decarbonization efforts. As a result, it is critical that such technologies be deployed at a large enough scale to fulfil the transition’s expanding energy storage demands.

This paper outlines several alternative battery technologies that may reduce the pressure on lithium-ion supply chains, while improving the performance of an ever-widening array of energy storage contexts.

Alternative battery chemistries and diversifying clean energy supply chains | Atlantic council

A line graph titled "Figure 1: Projected lithium demand per year" measured in metric kiloton of lithium carbonate equivalent (LCE) from 2020 to 2030. The graph shows three scenarios: Operating, Under Construction, and Primary demand in Stated Policies and Sustainable Development Scenarios.
Source: Alternative battery chemistries and diversifying clean energy supply chains | Atlantic council

 

India becoming a leader in the e-Mobility value chain

due to limited domestic production capacity and a lack of raw materials, India remains heavily reliant on imported lithium-ion (Li-ion) cells for EV batteries. Only via a coordinated effort from government and business will India be able to overcome these hurdles, become a leader in the e-mobility value chain, and fulfil its greater aim of rapid and widespread electrification of transportation.

This paper explains how only a collaborative approach from government and industry will allow India to become a leader in the e-mobility value chain.

E-mobility: cell manufacturing in India | Arthur D Little

A flowchart illustrates the Li-ion battery value chain in five steps: 1. Mining of minerals, 2. Refining of minerals, 3. Cathode production, 4. Cell production, and 5. Battery production. Step 5 highlights operations in India. Source: Arthur D. Little.
Source: E-mobility: cell manufacturing in India | Arthur D Little

 

That’s it for this week; next week, we’ll bring you more reports. We wish you a wonderful week and till next time.

Related news

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

Innovative battery act regulations to drive sustainable battery use in EU

The European Commission has unveiled comprehensive new regulations under the Battery Act, set to transform the…

read more
Batteries
Europe
Published by: Editorial board | July 15, 2024