The global auto industry suffered a punishing year in 2020 because of the major shock of Covid-19, but the electric car market bucked the wider trend with growth of over 40% and is on track for a decade of strong expansion, according to a new report published today by the International Energy Agency.
The IEA’s Global Electric Vehicle Outlook 2021 finds that despite the pandemic setting off a cascade of economic recessions, a record 3 million new electric cars were registered in 2020, a 41% increase from the previous year. By comparison, the global automobile market contracted 16% in 2020. Electric cars’ strong momentum has continued into this year, with sales in the first quarter of 2021 reaching nearly two and half times their level in the same period a year earlier.
Last year’s increase brought the number of electric cars on the world’s roads to more than 10 million, with another roughly 1 million electric vans, heavy trucks and buses. For the first...
Global electric car sales surged by 40 per cent in 2020 despite the economic downturn caused by the Covid-19 pandemic, a new analysis finds.
A record three million new electric cars were registered in 2020 – a 41 per cent increase on the number in 2019, according to a report from the International Energy Agency (IEA). The uptick in electric vehicles came even as total car sales plunged by 16 per cent from 2019 to 2020.
The number of electric cars, vans, trucks and buses on the world’s roads is on course to increase from 11m vehicles to 145m by the end of the decade, which could wipe out demand for millions of barrels of oil every day.
A report by the International Energy Agency has found that there could be 230m electric vehicles worldwide by 2030 if governments agreed to encourage the production of enough low-carbon vehicles to stay within global climate targets.
The IEA’s first global report on electric vehicles has found that sales in the first quarter of 2021 were more than 2.5 times higher than in the same months last year, when the Covid-19 pandemic triggered a string of recessions across global economies.
Despite the economic slowdown, which caused the global car industry to shrink by 16% last year, a record 3m new electric cars were registered around the world last year, to bring the total to 10m electric cars. There are also approximately 1m electric vans,...
The Global EV Outlook 2021 will be launched in two separate webinar events: on 29 April 19:00 - 20:00 (CEST) and on 30 April 10:00 - 11:00 (CEST). This is intended to facilitate attendance of EVI members and partners in different time zones. During the webinar the authors will present and discuss the main findings of the report. Attendees will be given a chance to comment and ask questions during a Q&A session.
The IEA's Global EV Outlook (GEVO) annual series is the flagship publication of the Electric Vehicle Initiative. GEVO 2021 looks at the latest EV trends and main drivers for road transport sector electrification around the world. The report provides an overview of recent government policies to accelerate deployment of EVs and actions taken to shield EV markets from the impact of the Covid-19 pandemic. It also includes an outlook for EV and charging infrastructure deployment up to 2030 and analyses the implications of EV uptake on electricity demand,...
This table highlights key policies and measures that support the deployment of electric vehicles (EVs) and zero-emission vehicles (ZEVs) for light-duty vehicle (LDV) and heavy-duty vehicle (HDV) models. It summarises existing measures as well as announced targets and ambitions by region and country. These take a variety of forms, such as fuel economy standards, CO2 emissions standards, deployment roadmaps, and EV sales or stock targets and ambitions. The table does not include fiscal policies such as subsidies, carbon taxes or similar policy instruments.
The policies and measures are structured in four categories:
The global auto industry suffered a punishing year in 2020 because of the major shock of Covid-19, but the electric car market bucked the wider trend with growth of over 40% and is on track for a decade of strong expansion, according to a new report published today by the International Energy Agency.
The IEA’s Global Electric Vehicle Outlook 2021 finds that despite the pandemic setting off a cascade of economic recessions, a record 3 million new electric cars were registered in 2020, a 41% increase from the previous year. By comparison, the global automobile market contracted 16% in 2020. Electric cars’ strong momentum has continued into this year, with sales in the first quarter of 2021 reaching nearly two and half times their level in the same period a year earlier.
Last year’s increase brought the number of electric cars on the world’s roads to more than 10 million, with another roughly 1 million electric vans, heavy trucks and buses. For the first...
The Global EV Outlook is an annual publication that identifies and discusses recent developments in electric mobility across the globe. It is developed with the support of the members of the Electric Vehicles Initiative (EVI). Combining historical analysis with projections to 2030, the report examines key areas of interest such as electric vehicle (EV) and charging infrastructure deployment, energy use, CO2 emissions and battery demand. The report includes policy recommendations that incorporate learning from frontrunner markets to inform policy makers and stakeholders that consider policy frameworks and market systems for electric vehicle adoption. This edition also features an update of the electric heavy-duty vehicle models coming onto commercial markets and slotted for release in the coming few years, and on the status of development of megachargers. It compares the electric vehicle supply equipment per EV with the recommended AFID targets. It also analyses the...
The 5th IEA-IEF-OPEC Symposium on Gas and Coal Market Outlooks will examine to what extent demand, supply and investment trends that were already in motion have been altered by the Covid-19 pandemic and the implications for the future of natural gas and coal. A distinguished line-up of experts will offer their diverse perspectives on what these shifting variables mean for clean energy transitions, energy market stability, investment outcomes and government policy.
The Global EV Outlook 2021 will be launched in two separate webinar events: on 29 April 19:00 - 20:00 (CEST) and on 30 April 10:00 - 11:00 (CEST). This is intended to facilitate attendance of EVI members and partners in different time zones. During the webinar the authors will present and discuss the main findings of the report. Attendees will be given a chance to comment and ask questions during a Q&A session.
The IEA's Global EV Outlook (GEVO) annual series is the flagship publication of the Electric Vehicle Initiative. GEVO 2021 looks at the latest EV trends and main drivers for road transport sector electrification around the world. The report provides an overview of recent government policies to accelerate deployment of EVs and actions taken to shield EV markets from the impact of the Covid-19 pandemic. It also includes an outlook for EV and charging infrastructure deployment up to 2030 and analyses the implications of EV uptake on electricity demand,...
The Seven Key Principles for Implementing Net Zero were presented by the International Energy Agency at the IEA-COP26 Net Zero Summit, held on 31 March 2021, and were adopted by many IEA Member Countries to guide the implementation of net zero commitments.
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Meeting our shared goals for avoiding dangerous climate change requires a dramatic acceleration of progress towards clean growth and resilience. Over 120 countries have so far announced their intention to bring emissions to net zero by the middle of this century. As we look forward to COP26, this growing political consensus is a cause for optimism about the world’s ability to reach the goals of the Paris Agreement. A tremendous amount of work is now needed to turn ambitions into reality.
With that in mind, Canada, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, the Netherlands, Poland, Portugal, the Slovak Republic,...
Carbon capture, utilisation and storage (CCUS) will need to be a key pillar in successful clean energy transitions. It is the only group of technologies that contributes both to directly reducing emissions in critical economic sectors and to removing CO2 to balance emissions that cannot be avoided – a balance that is at the heart of net-zero emission goals.
CO2 storage is a crucial component of the CCUS value chain. While CO2 can be captured from a range of sources – including from fossil- and biomass-based power generation, industrial processes and directly from the air – permanently storing this CO2 is the essential enabler of large-scale emissions reductions. Technology-based approaches to removing carbon from the atmosphere, critically depend on CO2 storage for “negative emissions”.
In IEA analysis of net-zero pathways, the need for CO2 storage grows from around 40 Mt/year today to more than 5000 Mt/year by mid-century. Carbon management...
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
The International Energy Agency will host a press webinar to launch its new report reviewing the energy policies of Lithuania with Mr Dainius Kreivys, Minister of Energy of Lithuania and Dr Fatih Birol, Executive Director of the International Energy Agency.
The 5th IEA-IEF-OPEC Symposium on Gas and Coal Market Outlooks will examine to what extent demand, supply and investment trends that were already in motion have been altered by the Covid-19 pandemic and the implications for the future of natural gas and coal. A distinguished line-up of experts will offer their diverse perspectives on what these shifting variables mean for clean energy transitions, energy market stability, investment outcomes and government policy.
The following steps will help you choose a regulatory approach and implement a set of effective methane policies that match your particular situation. Across these steps, the process of implementing a new regulation unfolds in three distinct phases – understanding your setting (Steps 1-3), designing and developing your regulation (Steps 4-8), and implementation (Steps 9-10). If you are new to regulating methane, you might consider starting at Step 1 and working through the list. If your jurisdiction has already done work in this area, you could enter the steps further on, or skip steps based on work you have already done. Although presented sequentially here, these steps may be carried out in a different order, may take place concurrently, or may even be repeated once new data on emissions or new technologies become available. For example, depending on your institution’s capabilities, you may carry out step 3, “build regulatory capacity”, throughout the process, only at...
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