29 Jul 2022 12:30—14:00
Electric vehicles
Passenger electric cars are surging in popularity - we estimate that 13% of new car sold in 2022 will be electric. Ambitious policy announcements have been critical in stimulating the electric mobility transition in major vehicle markets.
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Policies have major influences on the development of electric mobility. Policy approaches to promote the deployment of EVs typically start with a vision statement and a set of targets. An initial step is the adoption of electric vehicle and charging standards.
Economic incentives and regulatory measures are often coupled with other policies that increase the value proposition of EVs. Such policies often aim to harness the multiple co-benefits arising from greater electrification of transport, most prominently energy diversification in a sector that is 90% dependent on oil products and the reduction of local pollutant and GHG emissions. Measures that provide crucial incentives to scale up the availability of vehicles with low and zero tailpipe emissions include fuel economy standards, zero-emission vehicle mandates and the rise in the ambition of public procurement programmes.
Regulatory measures related to charging infrastructure include minimum requirements to ensure "EV readiness" in new or refurbished buildings and parking lots, deployment of publicly accessible chargers in cities and on highway networks, and are complemented by requirements regarding inter-operability and minimum availability levels for publicly accessible charging infrastructure.
Economic incentives and regulatory measures are often coupled with other policies that increase the value proposition of EVs. Such policies often aim to harness the multiple co-benefits arising from greater electrification of transport, most prominently energy diversification in a sector that is 90% dependent on oil products and the reduction of local pollutant and GHG emissions. Measures that provide crucial incentives to scale up the availability of vehicles with low and zero tailpipe emissions include fuel economy standards, zero-emission vehicle mandates and the rise in the ambition of public procurement programmes.
Regulatory measures related to charging infrastructure include minimum requirements to ensure "EV readiness" in new or refurbished buildings and parking lots, deployment of publicly accessible chargers in cities and on highway networks, and are complemented by requirements regarding inter-operability and minimum availability levels for publicly accessible charging infrastructure.
Last updated Sep 27, 2022
Key findings
Electric car registrations and sales share in China, United States, Europe and other regions, 2016-2021
OpenGlobal sales of EV's nearly doubled from 2020, and must continue to increase to meet the Net Zero Scenario
Electric vehicles are the key technology to decarbonise road transport, a sector that accounts for 16% of global emissions.
Compared with 2020, sales nearly doubled to 6.6 million (a sales share of nearly 9%), bringing the total number of electric cars on the road to 16.5 million. The sales share of electric cars increased by 4 percentage points in 2021. Getting on track with the Net Zero Scenario requires their sales share to increase by less than 6% percentage points per year.
New zero-emission vehicle (ZEV) sales targets were announced in several markets and existing targets were intensified as governments demonstrated a strong commitment to incorporating the electrification of cars as a key component of strategies to meet net zero targets and nationally determined contributions.
Compared with 2020, sales nearly doubled to 6.6 million (a sales share of nearly 9%), bringing the total number of electric cars on the road to 16.5 million. The sales share of electric cars increased by 4 percentage points in 2021. Getting on track with the Net Zero Scenario requires their sales share to increase by less than 6% percentage points per year.
New zero-emission vehicle (ZEV) sales targets were announced in several markets and existing targets were intensified as governments demonstrated a strong commitment to incorporating the electrification of cars as a key component of strategies to meet net zero targets and nationally determined contributions.
Global electric car stock, 2010-2021
OpenElectric car sales are accelerating, with China and Europe setting new records
Sales of electric cars reached another record high in 2021 despite the Covid-19 pandemic and supply chain challenges, including semiconductor chip shortages. Looking back, about 120 000 electric cars were sold worldwide in 2012. In 2021, that many were sold in a week.
EV markets are expanding quickly. Electric car sales accounted for 9% of the global car market in 2021 – four-times their market share in 2019. All the net growth in global car sales in 2021 came from electric cars. Sales were highest in China, where they tripled relative to 2020 to 3.3 million after several years of relative stagnation, and in Europe, where they increased by two-thirds year-on-year to 2.3 million. Together, China and Europe accounted for more than 85% of global electric car sales in 2021, followed by the United States (10%), where they more than doubled from 2020 to reach 630 000.
EV markets are expanding quickly. Electric car sales accounted for 9% of the global car market in 2021 – four-times their market share in 2019. All the net growth in global car sales in 2021 came from electric cars. Sales were highest in China, where they tripled relative to 2020 to 3.3 million after several years of relative stagnation, and in Europe, where they increased by two-thirds year-on-year to 2.3 million. Together, China and Europe accounted for more than 85% of global electric car sales in 2021, followed by the United States (10%), where they more than doubled from 2020 to reach 630 000.
Analysis
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World Energy Outlook 2022
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Electric Vehicles
Technology deep dive
On track
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Electrification
Energy system overview
More efforts needed
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By 2030 EVs represent more than 60% of vehicles sold globally, and require an adequate surge in chargers installed in buildings
Part of Technology and innovation pathways for zero-carbon-ready buildings by 2030
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All countries targeted for zero-carbon-ready codes for new buildings by 2030
Part of Technology and innovation pathways for zero-carbon-ready buildings by 2030
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Securing Clean Energy Technology Supply Chains
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Global Supply Chains of EV Batteries
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Global EV Outlook 2022
Our work
In operation since 1993, the HEV TCP provides a forum for global co-operation on the development and deployment of electric vehicles. It supplies objective information to support decision making, functions as a facilitator for international collaboration in pre-competitive research and demonstration projects, fosters international exchange of information, and it can promote projects and programmes for research, development, demonstration and deployment.
Related sectoral Technology Collaboration Programmes (TCP)
Events
10 Jun 2022 10:00—11:30
GEVO 2022 China Launch
23 May 2022
Global EV Outlook 2022 webinars
23 May 2022
