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Electric Vehicles (EVs), primarily Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs), have the capacity to increase energy efficiency, diversify transport energy carriers, and reduce their carbon intensity, supporting the integration of variable renewable energy in the power generation mix and transferring to the transport sector GHG emissions mitigations occurring in power generation. BEVs and PHEVs are also well equipped to reduce emissions of local pollutants in high-exposure areas such as urban environments, where they would also reduce noise levels.
This report aims to provide an update on recent EV developments, providing detailed information on the recent evolution of EV registrations (vehicle sales), the number of EVs on the road, their modal coverage across the most relevant global vehicle markets. The analysis also looks at the availability and characteristics of Electric Vehicle Supply Equipment (EVSE), reporting on the evolution of deployment rates. The report includes a review and a discussion of key elements on policy support, both for EVs and EVSE. The analysis is also providing insights on the encouraging signs that characterized the recent evolution of battery costs and energy density.
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