From ev-volumes.com, 3 million EVs globally in 2020 is the highest estimate I have seen so far. Last year was a bit above 2.2 million.
"22 November: The 3rd round of October volumes is uploaded to the Data Center Tool. They include China +120 % (!), Germany +300 % and France +196 %. Even Japan is finally showing a y/y gain with +16 %, the first time since 8 months. China numbers still exclude LCVs and imports. The global tally currently stands at 308 000 units, with volumes for UK, Italy, Portugal, Austria, Hungary and some smaller markets still to be reported. October could become another record month, following 346k in September. With demand growing fast in all regions now, global growth for October is over 100 %, the highest in the last 58 months. YTD 19 % more BEVs and PHEVs were sold compared to 2019 Jan-Oct. Global sales of 3 million units for the entire 2020 are within reach. Also check our COVID-19 Impact assessment #8 for details how the last 2 months of the year are likely to play out. It is available as a pdf-file in the Data Center."
ORE Price at posting:
$3.77 Sentiment: Buy Disclosure: Held
