Electric vehicle came into power in mid 19th century when electricity was the most preferred source of energy for motor vehicles. However, the 20th century witnessed discovery of vast petroleum resources which then became a popular fuel for vehicles. Recent demand for sustainable source of energy has again led to the growing demand for electrical vehicle and they are now playing a strong role in controlling pollution.
The sector is driven by the Electric Vehicles Initiative, a multi-government policy forum which promotes adoption of electric vehicles across the world. The forum presently has ten member countries: Canada, China, France, Germany, USA, Sweden, UK, Japan, Norway and Netherlands.
In 2016, 773,600 plug in vehicles were sold globally. China sold the maximum vehicles, approximately 351,000 units, followed by Europe and USA at 221,000 units and 157,000 units respectively. A total of 873,000 electric and plug in vehicles were sold in 2016. In 2017 sales till August crossed over 649,000 units.
Europe was the second largest electric vehicle market in 2016 after China. PHEV formed the largest segment of the electric vehicle compared to BEV in 2015, approximately 61%. Alternatively, in 2013 and 2014 the ratio was nearly equal. In 2016, Germany had the second largest number of public charging stations after Netherlands, over 14,000, followed by France (over 13,000) and UK (over 11500). Bulgaria, Cyprus and Iceland had the lowest number of charging stations.
Why should the report be purchased?
The report ‘Assessment of the Global Electric Vehicle Market 2017’ highlights key dynamics of the global electric vehicle market. The growing opportunity in the sector along with the emerging trends have been studied. The performance and market scenario in key electric vehicle markets including the United States, China, Norway and the Rest of Europe has been studied. The report contains latest industry leaders’ opinions.
Research methodology and delivery time
The author has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The report is available as single-site single-user license. The delivery time for the electronic version of the report is 2 business days as each copy undergoes thorough quality check and is updated with the most recent information available. The dispatch time for hard copies 4 business days, as each hard copy is custom printed for the client.
1. Analyst Opinion
2. Global Electric Vehicle Market
2.2 Market Statistics & Performance
2.4 Industry Speak
3. United States Electric Vehicle Market
3.2 Market Statistics & Performance
3.4 Industry Speak
4. Norway Electric Vehicle Market
4.2 Market Statistics & Performance
4.4 Industry Speak
5. Rest of Europe Electric Vehicle Market
5.2 Market Statistics & Performance
5.4 Industry Speak
6. China Electric Vehicle Market
6.2 Market Statistics & Performance
6.4 Industry Speak
7. Competitive Landscape
7.1 Tesla, Inc.
7.3 Mitsubishi Motors Corporation
7.4 General Motors
7.5 BYD Auto Co., Ltd.
8. List of Charts and Graphs
8.1 Global Electric Vehicle Car Stock Sold (in thousands)
8.2 Global Electric Vehicle Electric Share by Manufacturer's Volume (Q2 2017, %)
8.3 United States Electric Vehicle Sales (2013-2016, Units)
8.4 United States Top Selling Electric Vehicle Models (%, 2016)
8.5 United States Electric Vehicle Sales by State (October 2016, Units)
8.6 Europe Total Sales of Electric Vehicles (Units, 2011 to 2016)
8.7 Europe PEV Sales by Country (%, 2016)
8.8 Europe Top Electric PHEV Car Models (% 2016)
8.9 European Union Total Market Share of Electric Vehicles (2011 to 2017, %)
8.10 China Annual Sales of New Energy Vehicles (Units, 2011 to 2016)
8.11 China Top Electric Car Manufacturers (%, 2016)
8.12 Norway Number of PEV Registration by Year (2009-2016, units)
8.13 Norway Number or Electric Cars by County (2016)
8.14 Norway Number of Electric Cars (2010 to 2016)
9. Research Methodology