Proof Point
Global electric vehicle sales forecasted to increase 38% annually between 2015 and 2025, from 0.55 million units to 14.23 million
Global Electric Vehicle Sales
2015 – 2025F (million units and percentage)
Proof Point Findings
- Global EV Sales – Forecasted by UBS to increase 38% annually, from 0.55 million units in 2015 to 14.23 million in 2025
- Electric Vehicle Share – Estimated to make up 13.7% of new car sales by 2025, significant growth from 1.0% share in 2017
- Key Drivers – Include improving EV technology efficiency, increasing consumer concern for environment, proliferation of EV models from OEMs, and strengthening government push for adoption of non-ICE vehicles, usually through tax incentives and CO2 emission reduction targets
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Accelerator |
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Sector |
Transportation and Logistics
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Source |
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Date Last Updated |
November 29, 2017
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