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Global EV sales rising fast, with record growth in 2017
The number of electrical vehicles (EVs) worldwide has risen to 3.2mn, with EV registrations up a ‘record-setting’ 55% last year, according to recent figures from Germany’s Centre for Solar Energy and Hydrogen Research Baden-Wurttemberg (ZSW). This figure could exceed 25mn by 2025, predicts a member of ZSW’s board of directors – with Germany primed to become a world-leading competitive supplier to the EU industry.
Countries leading the charge of EV adoption include China, which currently has around 1.2mn EVs on the road, followed by 750,000 in the US, according to ZSW. Germany comes in at eighth place on the survey, with just under 93,000 cars.
Despite its historically weak domestic market, Germany is fast becoming a competitive global EU supplier, states Professor Werner Tillmetz, a member of ZSW’s Managing Board and Head of its Electromechanical Energy Technologies Division. The country sold around 146,000 electric vehicles altogether last year – just 35,000 of which were sold in its domestic market. The number of EVs in the country also nearly doubled to 93,000 from 2016 to 2017.
The most successful EV manufacturers are China-based companies Build Your Dreams (BYD) and Beijing Automotive Industry Holdings (BAIC), says the report, with each accounting for around 100,000 electric cars in 2017. Tesla ranks third in the world, with 86,700 new registrations. Meanwhile, German-owned BMW ranked fourth on ZSW’s count, with 67,000 new vehicles registered, followed by Volkswagen, which produced 52,000 EVs.
Prof Tillmetz is confident that the sharp increase in registrations will spark a surge in battery sales, should figures continue to grow at their current rate.
The ZSW figures take into account cars with battery-powered electric drives, range extenders and plug-in hybrids. Full and mild hybrids and vehicles with fuel cell technology were not included.
News Item details
Journal title: Energy World
Subjects: Energy efficiency, Economics, business and commerce, Electric vehicles
