RNSDF - IHS Markit Forecasts Global EV Sales To Rise By 70% In 2021
- When a final tally is confirmed, global sales of battery electric vehicles (BEV) and other EVs are expected to have reached nearly 2.5 million in 2020, according to IHS Markit, and then rise by about 70% in 2021.
- In 2025, global sales will top 12.2 million, indicating annual growth of nearly 52% (compounded), IHS Markit said in its December forecast.
- In Europe, EV sales have been, and will continue to be, boosted by regulations that set a requirement for each manufacturer's light-duty fleet to average carbon emissions of no more than 95 g/km CO2.
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IHS Markit Forecasts Global EV Sales To Rise By 70% In 2021