Markets like China and parts of Europe achieve much higher penetrations, but lower adoption in emerging markets reduces the global average.Electric vehicles become an increasingly common sight in the years ahead. The company plans US sales of the all-electric M-Byte SUV, its first vehicle, by fall 2020. How much progress can we hope to see in …
This rises to 31% by 2040 as the fleet slowly changes over.China accounts for the largest share of global EV sales as it looks to reduce energy imports, clean up urban air quality, build its domestic auto industry, and attract manufacturing investment.Shared mobility usage drops in 2020 as COVID-19 pushes people into private cars, but by 2040 it represents 16% of all kilometers travelled by road. They will drop in 2020 before continuing to rise as battery prices fall, energy density improves, more charging infrastructure is built, and sales spread to new markets.The electric share of total vehicle sales is still small, but it is rising fast. The report draws on our team of specialists around the world and looks at how these trends will impact the automotive, energy, infrastructure, and battery materials markets over the next 20 years.Automakers are accelerating their EV launch plans, partly to comply with increasingly stringent regulations in Europe and China. COVID-19 will delay some of these, but by 2022 there will be over 500 different EV models available globally. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.The Electric Vehicle Outlook is BloombergNEF’s annual long-term forecast of how electrification, shared mobility and autonomous driving will impact road transport from now out to 2040.
The Annual Energy Outlook presents an assessment by the U.S. Energy Information Administration of the outlook for energy markets through 2050.. Full report PDF PPT. Average battery energy density is rising at 4-5% per year and new chemistries are hitting the market. Global EV Outlook 2020 - Analysis and key findings. Foldable Electric Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025. It covers light duty passenger vehicles, commercial vehicles, buses, and two/three-wheeled vehicles. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.© 2020 Bloomberg Finance L.P. All rights reserved. By 2040 passenger EVs consume 1,290TWh, commercial EVs consume 389TWh, e-buses consume 216TWh and electric two-wheelers consume 69TWh. Annual Energy Outlook 2020. The EV market grew by 8.8% year-on-year (y-o-y), registering the slowest growth in the decade. The slowdown was experienced from the second half of 2019 mainly in China due to the elimination of certain incentives. Out of the revenue generated, hydro-metallurgical process constituted 59%, followed by pyro-metallurgical process at 39% and other recycling technologies at 2%. Fuel economy regulations, quota systems and city policies all play a growing role.By the mid-2020s EVs reach up-front price parity – without subsidies – with internal combustion vehicles in most segments, but there is wide variation by region.Automakers and large fleet operators are accelerating their investments in electrification as part of their long-term climate commitments, and to meet near-term policy requirements.Lithium-ion battery pack prices fell 87% from 2010 to 2019, with the volume-weighted average hitting $156/kWh. Purchase Reports From Reputable Market Research Publishers Our reports have been used by over 10K customers, including: Click BNEF clients can access the full report, its breakdown by technology and region, as well as the underlying Excel data and previous editions.BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. Currently, flexible electric vehicle integration is not on track for power systems to accommodate the distributed loads that electric vehicle batteries represent in a co-ordinated way and on a large scale.
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