Feb 13, 2018 · As electric vehicles (EV) become more affordable, some are predicting that they will constitute almost a third of new-car sales by the end of the next decade. Ride-sharing continues to surge, with estimates that, by 2030, it will account for more than 25% of all miles driven globally , up from 4% today.

Jul 20, 2022 · An emerging second-hand electric car market may also alleviate some of the supply problems. China is actively trying to develop a second-hand market, Bloomberg reports, saying that such sales almost doubled between 2017 and 2020, rising to 47,000.

Mar 27, 2019 · Last year, 2.1 million new electric vehicles were sold worldwide. China is the world’s largest electric car market, accounting for 1.2 million - 56% of all electric vehicles sold in 2018. China also accounts for 99% of sales of electric trucks, buses, motorcycles and scooters.

The report predicts electric car stocks will range from between nine million and 20 million by 2020 and between 40 million and 70 million by 2025. Countries around the world are also attempting to ban the sale of petrol and diesel cars, and are encouraging motorists to go green.

Sep 24, 2018 · And with car ownership rates less than a quarter of those in Europe, the demand for electric vehicles in China looks set to explode. Image: Reuters/China Out People want electric vehicles for many different reasons, including ethical ones as we become increasingly aware of the impact of both climate change and air pollution.

May 11, 2023 · Among recently announced initiatives are Japanese automaker Toyota targeting 3.5 million annual electric car sales by 2030; Ford announcing one-third of sales to be fully electric by 2026; and Volvo to become a fully electric car company by the end of the decade.

Feb 22, 2023 · A record 6.5 million were sold worldwide in 2021 (including both fully electric and plug-in hybrid), nearly doubling the number of sales a year before, according to the International Energy Agency (IEA). It says EV sales made up 9% of the global car market in 2021, four times their market share just two years earlier.

Feb 13, 2022 · Meanwhile, electric-car-maker industry groups developed their own charging standards in some regions (e.g., CCS Combo 1 and J1772 in North America, CCS Combo 2 and Type 2 in Europe and Oceania, and CHAdeMO in Japan).

Jun 25, 2021 · In the IEA’s 2021 sustainable development scenario of critical minerals, 80% of battery storage in 2040 would be used in light-duty electric vehicles, and this will require a 40-fold increase in the production of lithium and nickel and more than 20 times as much as copper, graphite and cobalt compared with 2020 levels.

Mar 1, 2022 · In 2021, electric car sales more than doubled to 6.6 million, representing close to 9% of the global car market and more than tripling their market share from two years earlier. All the net growth in global car sales in 2021 came from electric cars. But even at this rate of growth, the switch to electric vehicles (EVs) may not be fast enough.