Commodity Market Report

Electric Vehicle Service: H1 2019 long-term outlook

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*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.

We are pleased to release our inaugural global Electric Vehicles Outlook to 2040 – an integrated mobility and natural resources value chain assessment of how the next two decades may play out in advanced transportation. Tightening environmental norms are prioritising transport sector decarbonisation worldwide. The report is Wood Mackenzie’s thesis of electrification of transport in key markets, evolution of battery technologies and implications for power, oils, metals and chemicals demand.

Table of contents

  • Overview
  • Global EV sales and stock forecast
    • 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
    • Europe
    • North America
    • Asia Pacific
    • 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:

  • Global light-duty vehicle sales
  • Global light-duty vehicles stock
  • Global EV light-duty sales
  • EV light-duty stock
  • Global carbon emissions by sector, 2018
  • Transport sector emissions by region, 2018
  • Investment spurs growth in new car launches with higher range and lower cost
  • Lithium-ion battery manufacturing capacity by project status (GWh)
  • Battery cost forecast
  • Battery technology and cost trends
  • Total EV share of demand by metal
  • Total metals demand from EVs
  • 26 more item(s)...

What's included

This report contains:

  • Document

    Electric Vehicle Service: H1 2019 long-term outlook

    PDF 1.97 MB

  • Document

    WM EV LTO H1 2019.xlsx

    XLSX 382.72 KB