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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

IDTechEx calculates that non-automotive EV sectors in 2021 demanded approximately 31 GWh globally in 2021; for reference, battery-electric and plug-in hybrid cars demanded approximately 280 GWh globally in 2021. Battery Demand From Non-automotive EV Sectors in 2021. Source: IDTechEx - “Electric Vehicles: Land, Sea & Air 2022-2042”.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

This is more than six times higher than in 2018, just 5 years earlier. Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% five years earlier, in 2018. Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc.

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What Does It Take To Win The EV Race As A Country?

Get Electric Vehicle

In 2021, China controlled the global lithium-ion manufacturing industry as around 79% of the lithium-ion batteries that were sold on the international market that year were made in China. Some Chinese battery manufacturers include CATL, BYD, CALB, Guoxuan, and Sunwoda.

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Electric Car Watch #10: Tata, Mahindra vs Tesla vs Chinese vs MNC’s

Plug In India

Here are some numbers for November 2021- Maruti leads the passenger vehicle sector with sales of 109,726 units - of course Maruti has 0 electric cars in their portfolio, so all of those are pollution cars. Already we have BYD and MG Motors selling electric cars in India. Mahindra showcased their MESMA platform back in 2018.

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Rejoice: The Tipping Point Has Been Reached! 

Get Electric Vehicle

According to a recent study by BloombergNEF, the global ascendancy of battery electric vehicles (BEVs) has reached its tipping point. Bloomberg confirms that The adoption curve followed by South Korea starting in 2021 ends up looking a lot like the one taken by China in 2018, which is similar to Norway after its first 5% quarter in 2013.

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Electric bus revolution 

Electric Vehicles India

They are also a great contributor to air pollution which results in poor air quality. Frost & Sullivan recently analysed that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing and supply chain for alternate powertrain buses. Global electric bus market sales.

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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

The global auto industry is in a time of flux. Further, as one of the most polluting sectors globally and the most polluting in rich countries , it is necessary that transportation clean up its act, and fast, in order to avoid the worst effects of climate change. Cars are changing quickly, as is car manufacturing.

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