The near-term outlook for EV sales is bright, says IEA. In the first quarter of 2021, global electric car sales rose by around 140% compared to the same period in 2020, driven by sales in China of around 500,000 vehicles and in Europe of around 450 000. US sales more than doubled relative to the first quarter of 2020, albeit from a much lower base.Last year’s increase brought the number of electric cars on the world’s roads to more than 10 million, with another roughly 1 million electric vans, heavy trucks and buses.Vehicle manufacturers announced increasingly ambitious electrification plans, IEA reports. Out of the world’s top 20 vehicle manufacturers, which represented around 90% of new car registrations in 2020, 18 have stated plans to widen their portfolio of models and to rapidly scale up the production of light-duty electric vehicles. The model availability of electric heavy-duty vehicles is also broadening, with four major truck manufacturers indicating an all-electric future.For the first time last year, IEA found, Europe overtook China as the centre of the global electric car market. Electric car registrations in Europe more than doubled to 1.4 million, while in China they increased 9% to 1.2 million.Electric vehicles are set for significant growth over the coming decade, IEA reports. Based on current trends and policies, it projects the number of electric cars, vans, heavy trucks and buses on the road worldwide to reach 145 million by 2030. But the global fleet could reach 230 million if governments accelerate efforts to reach international climate and energy goals. QUOTE Cobalt demand dramatic growth IMO
https://www.mining.com/worlds-electric-vehicle-fleet-to-reach-145-million-by-2030-report/
