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  • Electric Vehicle Outlook 2018

    BNEF’s annual long-term forecast of global electric vehicle (EV) adoption to 2040.

    BNEF’s annual long-term forecast of global electric vehicle (EV) adoption to 2040.

    Overview

    Our global long-term Electric Vehicle Outlook (EVO) forecasts EV adoption out to 2040 and the impact that electrification will have on automotive and power markets, as well as on fossil fuel displacement and demand for key materials.

    What’s new in the 2018 EV Outlook?

    This year’s report includes an additional outlook for electric buses, detail on upcoming EV models, and a deeper analysis of the impact of ride hailing and autonomy on the car market. The Outlook also examines battery supply risks for cobalt, lithium and other materials, as well as the impact of EV and e-bus market penetration on the power, liquid fuel and battery materials markets.

    You can read an excerpt of the findings in a free public report.

    “Our latest forecast shows sales of electric vehicles (EVs) increasing from a record 1.1 million worldwide in 2017, to 11 million in 2025 and then surging to 30 million in 2030 as they become cheaper to make than internal combustion engine (ICE) cars. China will lead this transition, with sales there accounting for almost 50% of the global EV market in 2025.”

    Highlights

    1
    By 2040,?55% of all new car sales and 33% of the global fleet will be electric.
    2
    China?is and will continue to be the largest EV market in the world through 2040.
    3
    EV costs.?The upfront cost of EVs will become competitive on an unsubsidized basis starting in 2024. By 2029, almost all segments reach parity as battery prices continue to fall.
    4
    E-buses.?Buses go electric faster than light duty vehicles.
    5
    Displacement of transport fuel.?Electrified buses and cars will displace a combined 7.3 million barrels per day of transportation fuel in 2040.

    Download

    High-level findings of the Electric Vehicle Outlook 2018 are available in a free public report:

    Click to read Electric Vehicles

    Related content

     

    January 23 2018

    The Future of Mobility Has Arrived

    February 23 2018

    McKerracher: BP’s Energy Outlook and the Rising Consensus on EV Adoption

    May 14 2018

    Bullard: Scooters and Bikes Compete for City Streets

    May 4 2018

    Wireless EV Charging Available in 18 Months-2 Years, says QualComm: Q&A

    July 10 2017

    Lithium-ion Battery Costs: Squeezed Margins and New Business Models

    January 9 2018

    Where RoboTaxis Will Take Us in 2018

    April 10 2018

    Electric Buses in Cities: Driving Towards Cleaner Air and Lower CO2

    Press

    Press coverage highlights will appear here shortly.

    Want to learn how we help our clients put it all together? Contact us

  • 飞利浦佛山照明欧普照明六大品牌LED灯管深度评测(上) 2019-05-20
  • 琼结强钦青稞酒文化节明日开幕 精彩内容抢先看! 2019-05-20
  • 【北京页川车型报价】北京页川4S店车型价格 2019-04-28
  • 世界杯开幕 长春街头商家狂蹭热度 2019-04-24
  • 王杰的专栏作者中国国家地理网 2019-04-22
  • 感触名家笔下的端午文化 吃香粽原来可以这样"文艺" 2019-04-22
  • 商务部新闻发言人就美白宫6月18日声明发表谈话 2019-04-20
  • 河北省纪委通报8起扶贫领域违纪典型问题 2019-04-05
  • 今年全军院校将招生三万余名 2019-04-05
  • 银河系神秘微波辐射来自钻石星尘 2019-04-04
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  • 认识【转基因的各种破坏力】,其实很简单,只需【化验员】扒开种植【转基因农作物】的【泥土】,拿到【化验室】在【显微镜】下面看一看其【泥土】里面还有没有【微生物】的 2019-03-22
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  • “德国战车”成了“老爷车”? 卫冕前景令人担忧 2019-03-20
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