‘2021 Global Electric Vehicle Outlook Report’ Published

There were 10m electric cars on the world’s roads at the end of 2020, following a decade of rapid growth.

Electric car registrations increased by 41% in 2020, despite the pandemic-related worldwide downturn in car sales in which global car sales dropped 6%. Around 3m electric cars were sold globally (a 4.6% sales share), and Europe overtook the People’s Republic of China (“China”) as the world’s largest electric vehicle (EV) market for the first time.

Electric bus and truck registrations also expanded in major markets, reaching global stocks of 600 000 and 31 000 respectively.

Source: Global EV Outlook 2021”, IEA

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