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

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

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

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

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

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.

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