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Global Fleet of Electrified Vehicles Jumped 60% in 2016
The number of all-electric and plug-in hybrid vehicles on the road worldwide surged 60% to 2 million units last year, the Paris-based International Energy Agency reports.
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The number of all-electric and plug-in hybrid vehicles on the road worldwide surged 60% to 2 million units last year, the Paris-based International Energy Agency reports.
Growth was led by China, which accounts for 40% of global sales of electrified vehicles. Details are available in IEA’s just-released 71-page Global EV Outlook 2017 report.
IEA notes that a 10-government coalition will announce on Thursday a goal of hiking the market share for such cars, trucks and buses to 30% of sales by 2030 from only 0.2% today. Dubbed EV30@30, the initiative will be unveiled at the Clean Energy Ministerial meeting in Beijing.
Electrified cars captured a 29% market share in Norway last year, thanks to heavy government support. IEA says the next-best countries for such vehicles were the Netherlands (6%) and Sweden (3%).
The agency estimates the world would need to put some 600 million electrified vehicles on the road by 2040 to limit the rise in global warming to less than 2°C. That’s the target set by the 120-nation Paris Agreement.
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