Electric vehicle demand – has the world got enough lithium?
Jul 20, 2022 · Lithium is a non-ferrous metal known as “white gold”, and is one of the key components in EV batteries, alongside nickel and cobalt. But rising demand for Electric Vehicles is straining global lithium supplies. Global EV purchases jumped to 6.6 million in 2021 from 3 million a year earlier, meaning that EVs made up 9% of the market ...
The dirty secret of electric vehicles | World Economic Forum
Mar 27, 2019 · China is the world’s largest electric car market, accounting for 1.2 million - 56% of all electric vehicles sold in 2018. China also accounts for 99% of sales of electric trucks, buses, motorcycles and scooters. The US came a distant second with 361,000 new electric cars sold in 2018, almost half of which were the new Tesla 3 model.
Electric car sales soar in Europe, but market barriers remain | World ...
Nov 13, 2023 · Andrea Willige. Electric vehicle (EV) sales are surging, especially in Europe, where the market grew by 62% in the past 12 months. Mass-market EV adoption still faces barriers such as their high cost and lack of charging infrastructure. Supply chain issues also need to be addressed to ensure the production and affordability of electric cars, a ...
Electric vehicle sales leapt 55% in 2022 - The World Economic Forum
May 11, 2023 · Listen to the article. Global sales of electric vehicles (EVs) increased by 55% in 2022 from the year before, according to data from the EV Volumes sales database. China remains the world’s largest EV market, with 59% of global sales. World Economic Forum estimates annual EV sales need to increase 18-fold by 2030 to meet global emissions targets.
What’s stopping people buying electric cars? | World Economic …
Jul 8, 2021 · Reasons for the slow uptake of electric vehicles vary between countries. A UK survey found the most common reason for not buying one was a lack of fast charging points (37%) followed by concerns about range (35%) and cost (33%). Although two-thirds of Americans surveyed by Pew Research agreed electric cars are good for the environment, a ...
China has an EV advantage but can it maintain its edge?
Jun 17, 2024 · Some 97% of 1,000 China-based respondents to our study said their next vehicle purchase is likely to be an EV, compared to 35% in the US and 43% in Europe. Chinese consumers are overwhelmingly willing to consider a domestic model. Bottom line: China has a clear advantage in the EV race. But that could change. Our study, which polled a total of ...
The surprising truth behind the world's electric cars
Mar 5, 2018 · According to BNEF’s data, electric vehicles in China produce 188.5 grams of carbon dioxide (CO2) emissions per mile, the most of any country globally. In comparison, electric vehicles in the United Kingdom produce just over 76 grams of CO2, while in France just 2.7 grams are produced per mile. The eco benefits outweigh the energy concerns.
Electric vehicles: The 3 main factors holding back sales
Oct 26, 2022 · Around 4.3 million new battery-powered EVs (BEVs) and plug-in hybrid electric vehicles (PHEVs) were sold globally in the first half of 2022. BEV sales grew by 75% on the year and PHEVs by 37%. And more growth is predicted for the rest of 2022, with sales expected to rise by 57% on the year to 10.6 million. Policy-makers in several economies ...
More electric cars are now sold every week than in the whole of …
Feb 18, 2022 · Think back a decade. In 2012, the nascent electric vehicle (EV) market was starting to gain momentum, with global sales of 130,000 cars. Today, that number of electric cars is sold every week. While the market for petrol and diesel cars has been dampened by the economic fallout from COVID-19, demand for EVs continues to increase.
How many electric cars are on the roads? And other EV facts
May 12, 2021 · Here’s how. 1. There were 11 million registered electric vehicles on the road at the end of last year. 10 million of these were cars. The total number of electric cars, buses, vans and trucks is projected to rise to 145 million, or 7% of road transportation, by the end of the decade under governments’ existing energy and climate policies.