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Electric car market posts record year: report

The number of electric cars on the roads across the globe rose has surpassed 2 million in 2016, according to the latest International Energy Agency’s Global EV Outlook.

The report further highlighted that China remained the largest market in 2016, accounting for more than 40 percent of the electric cars sold in the world.electric car

With more than 200 million electric two-wheelers and more than 300,000 electric buses, China is by far the global leader in the electrification of transport. China, the US and Europe made up the three main markets, totalling over 90 percent of all EVs sold around the world.

Electric car deployment in some markets is swift. In Norway, electric cars had a 29 percent market share last year, the highest globally, followed by the Netherlands with 6.4 percent, and Sweden with 3.4 percent.

The electric car market is set to transition from early deployment to mass market adoption over the next decade or so. Between 9 and 20 million electric car could be deployed by 2020, and between 40 and 70 million by 2025, according to estimates based on recent statement from carmakers.

Still, electric vehicles only made up 0.2 percent of total passenger light-duty vehicles in circulation in 2016. They have a long way to go before reaching numbers capable of making a significant contribution to greenhouse gas emission reduction targets.

Cities are taking leadership roles in encouraging EV adoption, often because of concerns about air quality. Major urban centres often achieve higher EV market shares compared to national averages. A third of global EV sales took place in 14 cities in 2015.

Paris, for instance, has mandated that any electric car is allowed to re-charge at the re-charge stations of its car-sharing program, called Autolib. Amsterdam has a unique strategy of offering the installation of charging points on public parking spaces to people who make a request, ensuring that charging infrastructure is installed where it’s actually needed. London for its part encourages EV adoption by waiving its congestion charge.

Four major US cities – Los Angeles, Seattle, San Francisco and Portland – are leading a partnership of over 30 cities to mass-purchase EVs for their public fleets including police cruisers, street sweepers and trash haulers. The group is currently seeking to purchase over 110,000 EVs, a significant number when compared to the 160,000 total EVs sold in the United States in 2016.

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