The number of electric car models on the European market will more than triple within the next three years, new analysis shows. After several years of timid growth, EU carmakers will be offering 214 electric models in 2021 – up from the 60 available at the end of 2018. Transport & Environment (T&E), which publishes the analysis today using data from authoritative industry source IHS Markit, said it is clear most manufacturers are ready to embrace electrification, but governments must ensure drivers have the right tax incentives and charging infrastructure to move away from diesel and petrol fast.
Carmakers will bring to market 92 fully electric models and 118 plug-in hybrid models in 2021, which they need to sell to meet the EU car CO2 target of 95g/km. If the forecast plans are delivered, by 2025 22% of vehicles produced could have a plug – more than enough to meet the EU’s car CO2 standard for that same year. Meanwhile, the production plans for other alternative drivetrains are almost non-existent: only 9,000 fuel cell cars in total are forecast to be produced by 2025 compared to 4 million electric cars. The production of compressed natural gas cars is even set to decrease, accounting for fewer than 1% of vehicles produced in Europe by the mid-2020s.
Lucien Mathieu, transport and emobility analyst at T&E, said: “Thanks to the EU car CO2 standards, Europe is about to see a wave of new, longer range, and more affordable electric cars hit the market. That is good news but the job is not yet done. We need governments to help roll out EV charging at home and at work, and we need changes to car taxation to make electric cars even more attractive than polluting diesels, petrols or poor plug-in hybrid vehicles.”
Read the full article here: https://www.transportenvironment.org/press/electric-car-models-triple-europe-2021-%E2%80%93-market-data