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    Home > Chemicals Industry > International Chemical > Global passenger electric vehicle sales are expected to exceed 5.6 million units in 2021

    Global passenger electric vehicle sales are expected to exceed 5.6 million units in 2021

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    Recently, Bloomberg New Energy Finance released a zero-emission vehicle report showing that sales of passenger electric vehicles will jump more than 80% to 5.
    6 million units in 2021, supported by unprecedented commitments from global industry and government over the past two years
    .

    In the first half of 2021, sales of passenger electric vehicles (including pure electric, plug-in hybrid and fuel cell vehicles) increased by 140% compared to the same period in 2019, reaching 7%
    of global passenger car sales.
    This compares to just 2.
    6%
    in 2019.

    Currently, the total number of passenger electric and fuel cell vehicles worldwide is close to 13 million, of which 8.
    5 million are truly zero-emission vehicles
    .
    The latter figure is up from
    4.
    6 million at COP25.
    Meanwhile, in the first half of 2021, the global zero-emission bus fleet increased by 22% compared to 2019, and it is expected that by the end of 2021, 18% of all municipal buses on the road will be zero-emission
    .

    What's more, a review of the industry's outlook suggests that the forecast for zero-emission vehicles has been revised
    upward across the board.
    BNEF's forecast for global zero-emission fleets in 2040 has been revised upwards from 495 million units in its 2019 forecast to 677 million units in its 2021 electric vehicle outlook
    .
    Since 2019, the IEA has raised its forecast for its electric vehicle fleet by 7% for 2030, while OPEC has raised its forecast for its global electric and fuel cell fleet by 11%
    in 2040.

    Underpinning these stronger predictions are a range of factors, including improved battery technology and cost, faster rollout of charging infrastructure, a wider range of models for customers, and longer range and faster charging speeds for newer vehicles
    .

    Recently, Bloomberg New Energy Finance released a zero-emission vehicle report showing that sales of passenger electric vehicles will jump more than 80% to 5.
    6 million units in 2021, supported by unprecedented commitments from global industry and government over the past two years
    .

    In the first half of 2021, sales of passenger electric vehicles (including pure electric, plug-in hybrid and fuel cell vehicles) increased by 140% compared to the same period in 2019, reaching 7%
    of global passenger car sales.
    This compares to just 2.
    6%
    in 2019.

    Currently, the total number of passenger electric and fuel cell vehicles worldwide is close to 13 million, of which 8.
    5 million are truly zero-emission vehicles
    .
    The latter figure is up from
    4.
    6 million at COP25.
    Meanwhile, in the first half of 2021, the global zero-emission bus fleet increased by 22% compared to 2019, and it is expected that by the end of 2021, 18% of all municipal buses on the road will be zero-emission
    .

    What's more, a review of the industry's outlook suggests that the forecast for zero-emission vehicles has been revised
    upward across the board.
    BNEF's forecast for global zero-emission fleets in 2040 has been revised upwards from 495 million units in its 2019 forecast to 677 million units in its 2021 electric vehicle outlook
    .
    Since 2019, the IEA has raised its forecast for its electric vehicle fleet by 7% for 2030, while OPEC has raised its forecast for its global electric and fuel cell fleet by 11%
    in 2040.

    Underpinning these stronger predictions are a range of factors, including improved battery technology and cost, faster rollout of charging infrastructure, a wider range of models for customers, and longer range and faster charging speeds for newer vehicles
    .

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