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Thursday 19 May 2022

The E.U. is Streets Ahead of the U.S. in Electric Vehicle Uptake - a report from Statista.com


The E.U. is Streets Ahead of the U.S. in Electric Vehicle Uptake

Mobility

by 
Martin Armstrong,
 

The best-selling EV may hail from the United States, but when it comes to uptake among the domestic population, the U.S. is trailing Europe by some distance. As this infographic using Statista Mobility Market Outlook data illustrates, Tesla has its biggest potential customer base in Europe - and the gap is only set to get bigger.

Come 2026, Statista analysts estimate that there will be 4.4 million EVs sold in E.U. countries, compared to just 1.9 million in the United States - that equates to 997 and 556 vehicles per 100,000 people (using 2022 population figures), respectively. From 2016 to 2019, the U.S. was actually head in terms of adoption, but Europe rapidly became the pacesetter. Statista estimates EV revenues in the European Union to amount to $120 billion in 2022, compared to just $35 billion in the U.S. By 2026, revenues in the E.U. are set to surpass the $300 billion mark. In contrast, in the same year the U.S. should break the $100 billion barrier for the first time.

In the scope of the estimates are battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), road electric vehicles and passenger cars. Not included in the analysis are electric vehicles that are not self-contained and cannot be classified as BEVs or PHEVs, rail electric vehicles, surface and underwater vessels, electric aircraft or spacecraft, motorcycles, scooters, mopeds, buses, vans, and trucks.

Infographic: The E.U. is Streets Ahead of the U.S. in Electric Vehicle Uptake | Statista

Description

This chart shows estimated electric vehicle unit sales per 100,000 population in EU-27 countries and the United states. 

So there you have it! unfortunately the cost of buying an electric car is well out of reach of the normal folk, and surely it is best to keep the car you have for as long as possible to avoid the problem of what to do with it and where it goes once you have.  As I explained in a previous blog, the actual cost to the environment to make the electric car in the first place is much higher than continuing with a petrol driven car at the moment.  It is a catch 22 situation,which can really only be resolved by all of us not using our cars as much and finding alternative ways to get about, or not going on pointless journeys!

I am always amazed at the amount of people who drive their kids to school when the school is literally just around the corner, I get it if it is bad weather but here on Menorca we have the mediterranean climate so that is no excuse.  Not only does it make people gain wait because they are not excercising, it is also bad for air quality.

The blog song for today is: "  sunshine superman" by Donovan

TTFN

 

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