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The panel included Autovista Groups chief economist Dr Christof Engelskirchen, Ana Azofra, regional head of valuations for Southwest Europe and Poland, Christoph Ruhland, director of business development, and Christian Schneider, director of content at EV Volumes. In a new webinar, Autovista Group experts uncovered key EV market trends.
The global EV share forecast has been upgraded to 20.4%, accounting for battery-electric vehicles and plug-in hybrids (PHEVs). Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. Countries such as Spain and Poland are considering the revision of EV purchase subsidies.
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