Wednesday, 15 February 2012

Global EV sales 15% by 2025

KPMG's new Global Automotive Executive Report suggests that global EV sales will not exceed 15% by 2025, a reduction on the previous forecasts.

There is a significant difference between countries, with Japanese executives the most optimistic about EV uptake, believing EVs will take a 25% share of new car sales by 2025, followed by China at 15%. China's more centrally planned economy would certainly facilitate this, with plans already in place for 2,000 charging stations with 400,000 charging poles in 70 cities.