GROWTH OF ELECTRIC CAR SALES DURING 2020

A new report from the International Energy Agency (IEA) predicts strong growth in sales of electric vehicles in the next decade.

Although the automotive industry suffered a severe blow due to the pandemic, during 2020, sales of electric vehicles were resistant to the crisis and increased by as much as 41% compared to the previous year. In addition, electric car sales reached a record three million vehicles sold in one year, according to a report by the Global Electric Vehicle Outlook 2021, published last week by the International Energy Agency (IEA).

The report states that this is just the beginning of the trend and that in the next ten years we should see a great expansion of electric vehicles, writes “Klima101”.

After 2020, the number of electric cars on the streets increased to over ten million, and the largest growth in sales was recorded in Europe, which surpassed China in the number of purchased electric cars. Nordic countries stand out in particular, such as Norway, where electric cars accounted for more than half of new car registrations last year.

That last year’s sales growth is part of a broader trend is also shown by the data from the first quarter of 2021, which show that two and a half times more electric cars were sold in that period than in the same period of the previous year.

The director of the IEA, Fatih Birol, emphasizes the importance of electric vehicles in the fight against climate change and emphasizes that countries must play a major role in further spreading this technology through smart support and subsidy policies.

“Although they cannot do the whole job alone, electric vehicles have an irreplaceable role in achieving net-zero emissions on a global level. Current sales trends are encouraging, but our common climate and energy goals call for even faster penetration of electric vehicles into the market. “Governments now need to work on laying the groundwork for faster adoption of electric vehicles by using economic recovery packages to invest in battery production and the development of a wide network of infrastructure to charge this type of vehicle,” Birol said.

The report also states that we expect a large increase in sales of electric vehicles in the next decade.
According to current policies and trends, the total number of electric vehicles on world roads would reach 145 million by 2030, while with more ambitious goals in the fight against climate change, that number could reach 230 million electric vehicles in the next ten years.

Automotive giants are also turning to this trend and more and more of them are announcing a focus on selling electric cars in the coming years. Among the latter is Honda, which expects to produce exclusively electric or hydrogen-fuel cell cars in 2040.

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Source: E2 Portal by www.e2.rs.

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