Global Electric Vehicle Market Outlook, 2018

The electric vehicle market reached the 1.2-million sales mark for the first time, with more than 165 models available for sale. China is leading the market with 48% market share followed by Europe with 26%. Solid-state batteries are likely to be the 'game changers' of future battery chemistries, as they render 2.5 times higher density than lithium-ion. In the last 6 months, more than 10 automakers have announced future EV launch plans. Based on the announcements, EVs now have a market potential of about 25 million units that will be sold by 2025; more than 400 models will be made available. The Tesla Gigafactory is currently 35% operational and aims to produce 50 GWh of batteries in 2018. On full capacity, it will manufacture 150 GWh which will power an equivalent of 1.5 million vehicles with a 100 kWh battery capacity. Toyota, Fisker and BMW are likely to be the first automakers to adopt the battery in its electric vehicles by 2023. The electric vehicle charging infrastructure challenge has not yet been addressed, as there is a need for more charging stations globally. Currently, the density of charging stations is high in limited areas or regions where an EV sale is highest. EVs are likely to cost the same as conventional cars by 2020 which will be a huge threat to the conventional car industry. The EV industry will no longer require financial support from the government to regularise the price of an EV in the form of cash incentives. Logistics companies, such as DHL, DPD, TNT, etc., are switching to a 100% electric fleet by replacing current conventional vehicles with electric vehicles that are equally competent and a perfect fit for the business model. OEMs are shifting to 100% electric vans by 2020. 11 OEMs have announced EV milestones and targets. If all the announcements made so far were to come true, there will be about 25 million EVs sold by 2025 or 20% of all cars sold would be EVs. Energy and petrochemical companies have started investing heavily in establishing electric vehicle charging stations, as they are likely to be the biggest beneficiaries of the electric vehicle market. Shell acquired the largest infrastructure operator 'The New Motion' in the Netherlands which owns a network of 30,000 charging stations.
Published: 27 Mar 2018

  • Electric Vehicle Outlook: xEV Estimates, Global, 2017–2025
  • Electric Vehicle Outlook: EV Sales by Region and Split by EV Type, 2017
  • Electric Vehicle Outlook: Market Outlook by Region, Global, 2017
  • Electric Vehicle Outlook: EV Sales Split by Top OEMs, 2017
  • Electric Vehicle Outlook: EV Sales by Top 10 Country, Global, 2016 and 2017
  • Electric Vehicle Outlook: OEM Announcements and Milestones, Global, 2017
  • Electric Vehicle Outlook: Battery Capacity and Battery Price Roadmap, Global, 2010–2020
  • Electric Vehicle Outlook: Battery Price, Global, 2016–2020
  • Electric Vehicle Outlook: Charging Station Outlook, Global, 2017–2018
  • Electric Vehicle Outlook: Battery Value Chain by OEM/Supplier, Global, 2017
  • Electric Vehicle Outlook: EV Ecosystem and Energy Management Systems, Global, 2016–2025
  • Electric Vehicle Outlook: Analysis of Motor Rating by Power Range, Global, 2017
  • Electric Vehicle Outlook: Urban Logistics Outlook, Global, 2016–2020
  • Electric Vehicle Outlook: Key Factors for eLCV Market, Global, 2016–2020
  • Electric Vehicle Outlook: Trends in Automotive Retail Stores, North America and Europe, 2016–2025
  • Electric Vehicle Outlook: Powertrain Flexibility Comparison, Global, 2016–2025
  • Electric Vehicle Outlook: Key Highlights, Global, 2018
  • Electric Vehicle Outlook: Key Predictions, Global, 2018
  • Electric Vehicle Outlook: OEM Announcements and Milestones, Global, 2017
  • Electric Vehicle Outlook: xEV Estimates, Global, 2017–2025
  • Electric Vehicle Outlook: xEV Breakdown by Region—Baseline Scenario Estimates, Global, 2025
  • Electric Vehicle Outlook: Historic EV Sales, Global, 2007–2017
  • Electric Vehicle Outlook: EV Sales by Region and Split by EV Type, 2017
  • Electric Vehicle Outlook: Market Outlook by Region, Global, 2017
  • Electric Vehicle Outlook: EV Sales Split by Top OEMs, 2017
  • Electric Vehicle Outlook: EV Sales by Region and Split by EV Type, 2018
  • Electric Vehicle Outlook: Market Outlook by Region, Global, 2018
  • Electric Vehicle Outlook: EV Sales Split by Top OEMs, 2018
  • Electric Vehicle Outlook: Monthly EV Sale by EV Type, Global, 2017
  • Electric Vehicle Outlook: EV Sales by Month—Top 5 Models , Global, 2017
  • Electric Vehicle Outlook: Top Ten OEMs, Global, 2016 and 2017
  • Electric Vehicle Outlook: Top Ten Models, Global, 2016 and 2017
  • Electric Vehicle Outlook: EV Sales By Top 10 Country, Global, 2016 and 2017
  • Electric Vehicle Outlook: EV Forecast by Region and Type, Global, 2017 and 2018
  • Electric Vehicle Outlook: Unit Sales by Region and Top OEMs, Global, 2017 and 2018
  • Electric Vehicle Outlook: Top 5 Selling Models, Global, 2017
  • Electric Vehicle Outlook: EV Sales by Month, Europe, 2017
  • Electric Vehicle Outlook: EV Charging Infrastructure (Top 5 Countries), Europe, 2017
  • Electric Vehicle Outlook:EV Sales by Country (Top 10), Europe, 2017
  • Electric Vehicle Outlook: EV Sales by Type and Top 5 Models, Europe, 2017
  • Electric Vehicle Outlook: EV Charging Infrastructure, NA, 2017
  • Electric Vehicle Outlook: EV Sales by Country, NA, 2017
  • Electric Vehicle Outlook: EV Sales by Month, NA, 2017
  • Electric Vehicle Outlook: EV Sales by Type and Top 5 Models, NA, 2017
  • Electric Vehicle Outlook: EV Charging Infrastructure, China, 2017
  • Electric Vehicle Outlook: EV Sales By Top 5 OEM, China, 2017
  • Electric Vehicle Outlook: EV Sales by Month, China, 2017
  • Electric Vehicle Outlook: EV Sales by Type and Top 5 Models, China, 2017
  • Electric Vehicle Outlook: EV Charging Infrastructure, Japan, 2017
  • Electric Vehicle Outlook: EV Sales By Top 5 OEM, Japan, 2017
  • Electric Vehicle Outlook: EV Sales by Month, Japan, 2017
  • Electric Vehicle Outlook: EV Sales by Type and Top 5 Models, Japan, 2017
  • Electric Vehicle Outlook: EV Charging Infrastructure, SK, 2017
  • Electric Vehicle Outlook: EV Sales By Top 5 OEM, SK, 2017
  • Electric Vehicle Outlook: EV Sales by Month, SK, 2017
  • Electric Vehicle Outlook: EV Sales by Type and Top 5 Models, SK, 2017
  • Electric Vehicle Outlook: Top 5 Models, Europe, 2017
  • Electric Vehicle Outlook: 2017 vs. 2018 Sales, Europe, 2017
  • Electric Vehicle Outlook: OEM Market Share (Top 6), Europe, 2017
  • Electric Vehicle Outlook: Top 5 Models, NA, 2017
  • Electric Vehicle Outlook: 2017 vs. 2018 Sales, NA, 2017
  • Electric Vehicle Outlook: OEM Market Share (Top 6), NA, 2017
  • Electric Vehicle Outlook: Top 5 Models, China, 2017
  • Electric Vehicle Outlook: 2017 vs. 2018 Sales, China, 2017
  • Electric Vehicle Outlook: OEM Market Share (Top 6), China, 2017
  • Electric Vehicle Outlook: Top 5 Models, Japan, 2017
  • Electric Vehicle Outlook: 2017 vs. 2018 Sales, Japan, 2017
  • Electric Vehicle Outlook: OEM Market Share (Top 6), Japan, 2017
  • Electric Vehicle Outlook: Top 5 Models, South Korea, 2017
  • Electric Vehicle Outlook: 2017 vs. 2018 Sales, South Korea, 2017
  • Electric Vehicle Outlook: OEM Market Share (Top 6), South Korea, 2017
  • Electric Vehicle Outlook: Electric Vehicle Battery Trends, North America and Europe, 2016
  • Electric Vehicle Outlook: Battery Price, Global, 2016–2020
  • Electric Vehicle Outlook: Battery Capacity and Battery Price Roadmap, Global, 2010–2020
  • Electric Vehicle Outlook: Planned Battery Production Capacity, Global, 2016 and 2020
  • Electric Vehicle Outlook: Battery Value Chain By Battery Cell Chemistry/Type, Global, 2017
  • Electric Vehicle Outlook: Battery Chemistry Adoption Trend—OEM, Global, 2017
  • Electric Vehicle Outlook: Solid-State Battery Key Updates and Highlights, Global, 2015–2025
  • Electric Vehicle Outlook: Battery Value Chain by OEM/Supplier, Global, 2017
  • Electric Vehicle Outlook: Battery Value Chain by Premium Segment OEM/Supplier, Global, 2017
  • Electric Vehicle Outlook: Sourcing Strategies for HEVs and EVs, Global, 2017
  • Electric Vehicle Outlook: Thermal Management Systems by OEM, Global, 2017
  • Electric Vehicle Outlook: Unit Production Forecast by Motor Type, Global, 2015–2025
  • Electric Vehicle Outlook: Future Intended Sourcing Strategies, Global, 2016–2025
  • Electric Vehicle Outlook: Analysis of Motor Rating by Power Range, Global, 2017
  • Electric Vehicle Outlook: Future xEV Motor Technology Migration, Global, 2015–2025
  • Electric Vehicle Outlook: Trends in Automotive Retail Stores, North America and Europe, 2016–2025
  • Electric Vehicle Outlook: EV Only Retail Store Concept, North America and Europe, 2016–2025
  • Electric Vehicle Outlook: OEM Marketing Mix—Comparative Landscape, North America and Europe, 2016–2025
  • Electric Vehicle Outlook: Critical Success Factors, North America and Europe, 2016–2025
  • Electric Vehicle Outlook: Financial Lease Type Segmentation, North America and Europe, 2016–2025
  • Electric Vehicle Outlook: Expected BEV Launches, Global, 2018–2025
  • Electric Vehicle Outlook: Expected PHEV Launches, Global, 2018–2021
  • Electric Vehicle Outlook: Electric Vehicle Incentives, Global, 2018–2021
  • Electric Vehicle Outlook: Electric Vehicle Incentives, Global, 2018–2021
  • Electric Vehicle Outlook: Incentive Structure for Passenger Cars, China, 2017–2018
  • Electric Vehicle Outlook: Incentive Structure by State, US, 2017–2018
  • Electric Vehicle Outlook: Incentive Structure, EU, 2017–2018
  • Electric Vehicle Outlook: Incentive Structure, APAC, 2017–2018
  • Electric Vehicle Outlook: Charging Station Outlook, Global, 2017–2018
  • Electric Vehicle Outlook: Existing Charging Infrastructure, Europe, 2017
  • Electric Vehicle Outlook: Estimated Charging Stations, Europe, 2017–2025
  • Electric Vehicle Outlook: Existing Charging Infrastructure, US, 2017
  • Electric Vehicle Outlook: Estimated Charging Stations, US, 2017–2025
  • Electric Vehicle Outlook: Ultra-fast Charging, Global, 2012–2022
  • Electric Vehicle Outlook: EV Charging Roadmap, Global, 2010–2025
  • Electric Vehicle Outlook: EV Charging Capacity, Global, 2017–2025
  • Electric Vehicle Outlook: Inductive Charging Roadmap, Global, 2017–2025
  • Electric Vehicle Outlook: Inductive Charging Forecast, Global, 2017–2025
  • Electric Vehicle Outlook: Case Study, Global, 2016
  • Electric Vehicle Outlook: EV Charging Protocols, Global, 2017
  • Electric Vehicle Outlook: Summary of eLCV Market, Global, 2017
  • Electric Vehicle Outlook: Urban Logistics Outlook, Global, 2016–2020
  • Electric Vehicle Outlook: Key Factors for eLCV Market, Global, 2016–2020
  • Electric Vehicle Outlook: Vehicle Range and Battery Capacity, Global, 2016–2020
  • Electric Vehicle Outlook: Electric Light Commercial Vehicle Units, Global, 2017
  • Electric Vehicle Outlook: Scenario Analysis for E-LCV, Global, 2016–2025
  • Electric Light Commercial Vehicles Market: e LCV adoption roadmap by DHL, Global, 2012–2025
  • Electric Vehicle Outlook: Regional Strategy and Assumptions, Europe and North America, 2016
  • Electric Vehicle Outlook: Regional Strategy and Assumptions, Japan, China South Korea, 2016
  • Electric Vehicle Outlook: Top Markets by Sales Volume, Global, 2013–2016
  • Fuel Cell Passenger Car Market: Expected Model Launches by OEM, Global, 2016–2021
  • Fuel Cell Passenger Car Market: DOE-Fuel Cell Market Development, North America, 2008–2025
  • Fuel Cell Passenger Car Market: Hydrogen Production Process, Cost of Production and Timeline, North America, 2005–2025
  • Electric Vehicle Outlook: OEM EV Initiatives, Global, 2017
  • Electric Vehicle Outlook: OEM EV Initiatives, Global, 2017
  • Electric Vehicle Outlook: Key Technology Areas, Global, 2017
  • Electric Vehicle Outlook: Definitions, Global, 2017
  • Electric Vehicle Market: Classification of EV Charging Infrastructure, Global, 2017

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