Electric passenger vehicle sales will fall 18% in 2020, after a decade of strong growth.
Internal combustion engine sales in 2020? -23%.
@BloombergNEF& #39;s 2020 Electric Vehicle Outlook is just published. 1/ https://about.bnef.com/blog/electric-vehicle-sales-to-fall-18-in-2020-but-long-term-prospects-remain-undimmed/">https://about.bnef.com/blog/elec...
Internal combustion engine sales in 2020? -23%.
@BloombergNEF& #39;s 2020 Electric Vehicle Outlook is just published. 1/ https://about.bnef.com/blog/electric-vehicle-sales-to-fall-18-in-2020-but-long-term-prospects-remain-undimmed/">https://about.bnef.com/blog/elec...
2/ Here& #39;s how @colinmckerrache describes it:
"Despite the name, EVO is really our outlook for all of road transport. It starts with forecasting total movement of people and goods in the future." https://about.bnef.com/blog/electric-vehicle-sales-to-fall-18-in-2020-but-long-term-prospects-remain-undimmed/">https://about.bnef.com/blog/elec...
"Despite the name, EVO is really our outlook for all of road transport. It starts with forecasting total movement of people and goods in the future." https://about.bnef.com/blog/electric-vehicle-sales-to-fall-18-in-2020-but-long-term-prospects-remain-undimmed/">https://about.bnef.com/blog/elec...
3/ "It then works its way down into vehicle fleet sizes, sales and drivetrain mix across passenger cars, shared mobility, commercial vehicles, buses and two/three wheelers. It then maps their impacts onto infrastructure, energy, materials, and emissions. https://about.bnef.com/blog/electric-vehicle-sales-to-fall-18-in-2020-but-long-term-prospects-remain-undimmed/">https://about.bnef.com/blog/elec...
4/ Key findings of @BloombergNEF Electric Vehicle Outlook: starting with sales
1.7 million EV sales this year. 54 million by 2040 https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
1.7 million EV sales this year. 54 million by 2040 https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
5/ @BloombergNEF Electric Vehicle Outlook findings: vehicle models
500+ EV models available by 2022
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
500+ EV models available by 2022
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
6/ @BloombergNEF Electric Vehicle Outlook findings: EV share of total passenger vehicle sales
2.7% in 2020. 58% in 2040
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
2.7% in 2020. 58% in 2040
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
7/ @BloombergNEF Electric Vehicle Outlook findings: electric vehicle fleet
8.5 million in 2020. 116 million in 2030
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
8.5 million in 2020. 116 million in 2030
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
8/ @BloombergNEF Electric Vehicle Outlook findings: total passenger vehicle fleet
1.2 billion in 2020. 1.3 billion in 2030
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
1.2 billion in 2020. 1.3 billion in 2030
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
9/ @BloombergNEF Electric Vehicle Outlook findings: China share of global electric vehicle sales
2025: 54%
2040: 33%
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
2025: 54%
2040: 33%
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
10/ @BloombergNEF Electric Vehicle Outlook findings: shared mobility
16% of all kilometers traveled by road in 2040.
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
16% of all kilometers traveled by road in 2040.
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
11/ @BloombergNEF Electric Vehicle Outlook market drivers:
- Technology (Batteries keep getting better)
- Policy (gov& #39;ts pushing market towards lower emissions)
- Economics (upfront price parity in a few years)
- Companies (electrification imperatives) https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
- Technology (Batteries keep getting better)
- Policy (gov& #39;ts pushing market towards lower emissions)
- Economics (upfront price parity in a few years)
- Companies (electrification imperatives) https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
12/ @BloombergNEF Electric Vehicle Outlook market drivers:
Lithium-ion battery prices, down 87% 2010-19
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
Lithium-ion battery prices, down 87% 2010-19
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
13/ @BloombergNEF Electric Vehicle Outlook market drivers:
Policy pressure. 13 countries and 31 cities/regions have plans to phase out internal combustion engines
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
Policy pressure. 13 countries and 31 cities/regions have plans to phase out internal combustion engines
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
13/ @BloombergNEF Electric Vehicle Outlook segment leaders:
Municipal buses, 2-wheelers in 2020; everything in 2030
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
Municipal buses, 2-wheelers in 2020; everything in 2030
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
14/ @BloombergNEF Electric Vehicle Outlook implications for energy and emissions:
17.6 million barrels per day of oil demand displaced in 2040
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
17.6 million barrels per day of oil demand displaced in 2040
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
15/ @BloombergNEF Electric Vehicle Outlook implications for energy and emissions:
5.2% increase in global electricity demand in 2040
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
5.2% increase in global electricity demand in 2040
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
16/ @BloombergNEF Electric Vehicle Outlook implications for energy and emissions:
Road transport emissions still keep rising through 2033.
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
Road transport emissions still keep rising through 2033.
https://about.bnef.com/electric-vehicle-outlook/">https://about.bnef.com/electric-...
17/ EVO is a collaborative effort from a global
@BloombergNEF team: @colinmckerrache @NickRAlbanese @AI_Energy @JamesTFrith @CBC727 @siyi_mi @agrant49
@albertwycheung and many others. Well done, colleagues!
https://about.bnef.com/electric-vehicle-outlook/
/end">https://about.bnef.com/electric-...
@BloombergNEF team: @colinmckerrache @NickRAlbanese @AI_Energy @JamesTFrith @CBC727 @siyi_mi @agrant49
@albertwycheung and many others. Well done, colleagues!
https://about.bnef.com/electric-vehicle-outlook/
/end">https://about.bnef.com/electric-...