Global EV Outlook 2017
Two million and counting
The global electric car stock, primarily composed of Battery Electric Vehicles (BEVs)
and Plug-in Hybrid Electric Vehicles (PHEVs), surpassed 2 million units in 2016. This
is up 60% from 2015, indicating rapid market evolution. Electric Vehicles (EVs) have
the capacity to increase energy efficiency, diversify transport energy carriers, and
play a role in the sector's carbon emissions mitigation. BEVs and PHEVs are also well
equipped to reduce emissions of local pollutants and noise levels in high-exposure
areas such as urban environments.
The Global EV Outlook 2017 provides insights on recent EV technology, market, and
policy developments, in particular with regards to the sector's status outlined previously
in the Global EV Outlook 2016. Detailed information for the past five to ten years
on EV registrations (vehicle sales), number of EVs on the road, and modal coverage
across the most relevant global vehicle markets is provided. The analysis also looks
at the availability and characteristics of Electric Vehicle Supply Equipment (EVSE).
The Global EV Outlook 2017 reports on battery cost and energy density improvements,
holding promises for further progress in EV performance and cost-competitiveness.
A review and discussion of key elements on policy support for both EVs and EVSE is
included, identifying policy requirements for a successful transition to mass market
adoption. Finally, the report assesses the potential of EVs in CO2 emissions reduction
in the transportation sector, in conjunction with requirements for successful grid
integration and synergies with low-carbon, renewable electricity.
Published on July 06, 2017