IEA unveils 2019 Global electric vehicles outlook


The International Energy Agency has published its 2019 edition of the Global electric vehicles outlook.

The report is analysis of past and future trends shaping the electric vehicles market.

The 2019 edition is looking at factors such as the number of EVs sold, charging infrastructure installed, ownership cost, energy used, carbon emissions and battery material demand through 2030.

The report looks at key challenges and solutions to electric mobility

Highlights from the report include:

  1. EV adoption is increasing at a rapid pace. In 2018, the global EV fleet exceeded 5.1 million from 2 million in 2017.
  2. Policies play a critical role. Leading countries such as China, the US and Norway use a variety of measures such as fuel economy standards, incentives for zero- and low-emissions vehicles, support for EV charging infrastructure and economic instruments that help bridge the cost gap between electric and conventional vehicles.
  3. Technology advances are delivering substantial cost cuts.
  4. The EV uptake and related battery production requirements imply bigger demand for new materials in the automotive sector, requiring increased attention to raw materials supply.
  5. The global stock of electric two-wheelers was 260 million by the end of 2018 and there were 460 000 electric buses.
  6. The global total for light-duty vehicle chargers reached 5.2 million(540 000 of which are publicly accessible), complemented by 157 000 fast chargers for buses.
  7. EVs consumed about 58TWh of electricity (largely attributable to two/wheelers in China) and emitted 41 million tonnes of carbon-dioxide , while saving 36 Mt CO2-eq.

Download the report here…