Electric Vehicle Service: H1 2019 long-term outlook
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
For the coming decade, the main driver for global EV adoption will shift gradually from government policies towards genuine competitiveness.
What’s the key takeaway from this report?
Wood Mackenzie forecasts electric vehicle sales (including autonomous) to increase from 2 million units in 2018 to over 42 million units by 2040. However, this scale of EV penetration will not come without challenges.
Why buy this report?
- Get a complete view of how the next two decades will play out in advanced transportation
- Benefit from our integrated analysis of the EV value chain across three key industries: mining, power and oil/fuels
- Understand both the challenges to EV adoption and what has the potential to accelerate it, including:
- Regional policy changes
- Investment in new car models with higher ranges and lower cost
- Advances in battery chemistry and availability of battery raw materials
This report comes with datasets and charts, including this one, tracking the fall in battery costs between now and 2040. This substantial drop in battery costs will be a key factor in helping EVs to go mainstream during the 2030s. Scroll down for the full table of contents.
Report summary
Table of contents
- Overview
- Global EV sales and stock forecast
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Market drivers and regional dynamics
- Europe
- United States
- China
- Autonomous electric vehicles (AEVs)
- E-trucking
- Auto cost and model trends
- Battery chemistry and technology trends
- Metals
- Oil and oil products
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Power
- Europe
- North America
- Asia Pacific
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Infrastructure and charging
- Level 1 charging
- Level 2 charging
- Level 3 charging (CHAdeMO)
- Critical factors affecting future growth in EV uptake
- Regional highlights
- Europe
- North America
- Asia Pacific
- 9 more item(s)...
- Plastics, thermoplastics and chemicals
Tables and charts
This report includes the following images and tables:
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Global light-duty vehicle salesGlobal light-duty vehicles stockGlobal EV light-duty sales
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EV light-duty stockGlobal carbon emissions by sector, 2018Transport sector emissions by region, 2018Investment spurs growth in new car launches with higher range and lower costLithium-ion battery manufacturing capacity by project status (GWh)Battery cost forecastBattery technology and cost trendsTotal EV share of demand by metalTotal metals demand from EVs
- 26 more item(s)...
What's included
This report contains:
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