Electric vehicle sales are on the rise across the globe | World ...
WEBMar 10, 2023 · Global sales of electric cars increased by around 60% in 2022, surpassing 10 million for the first time, even though car sales broadly were soft last year. As a result, one in every seven passenger cars bought globally in 2022 was an EV, according to a recent report by the International Energy Agency (IEA). In 2017, just one in every 70 cars ...
Electric vehicle demand – has the world got enough lithium?
WEBJul 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 electric vehicle revolution is set to go into overdrive
WEBSep 22, 2022 · While total US auto sales were only slightly up in 2021 – 3.4% over the previous year – in comparison, electric vehicle sales soared by 85%. That trend has continued into 2022, with first-quarter sales increasing 60% over the same period in 2021, even as sales of internal combustion engine (ICE) vehicles (vehicles that …
Here's how to accelerate the electric vehicle revolution
WEBJan 31, 2022 · Advances in technology can help mitigate these challenges. Technology will play a significant role in enabling charging and grid infrastructure and maintaining a steady supply of critical minerals to support the widespread adoption of EVs at an affordable cost. 1. Smart and flexible charging.
What’s stopping people buying electric cars? | World Economic …
WEBJul 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 ...
Electric car sales soar in Europe, but market barriers remain | World ...
WEBNov 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
WEBMay 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.
Here's everything you don't know about electric vehicles
WEBDec 20, 2021 · An HEV’s battery can’t be charged with a plug like other kinds of electric vehicles. “In an HEV, the extra power provided by the electric motor may allow for a smaller combustion engine,” according to the DOE’s Alternative Fuels Data Center. “The battery can also power auxiliary loads and reduce engine idling when the vehicle is ...
The dirty secret of electric vehicles | World Economic Forum
WEBMar 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.
More electric cars are now sold every week than in the whole of …
WEBFeb 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.