KUALA LUMPUR (Jan 28): Six million electric cars (battery electric and plug-in hybrid) will be shipped in 2022, up from four million in 2021.
In a statement on Wednesday (Jan 26), technology research and consulting firm Gartner Inc said at the COP26 in November 2021, the Zero Emission Vehicle Transition Council agreed that vehicle manufacturers will commit to selling only zero-emission vehicles by 2040, and earlier in leading markets, putting pressure on the automotive sector to prepare for the decarbonisation in transportation.
Gartner research director Jonathan Davenport said electric vehicles (EVs) are an important powertrain technology to help reduce CO2 emissions from the transportation sector.
“The ongoing shortage of chips will impact the production of EVs in 2022, and while shipments of vans and trucks are currently small, their shipments will grow rapidly as commercial owners see the financial and environmental benefit of electrifying their fleets,” he said.
Gartner forecast that electric cars will represent 95% of total EV shipments in 2022 and the remainder will be split among buses, vans and heavy trucks.
The firm said that with China imposing a mandate on automakers requiring that EVs make up 40% of all sales by 2030 and automakers establishing new factories for manufacturing electric cars, it estimated that Greater China will account for 46% of global EV shipments in 2022.
Gartner said Greater China will take the No. 1 position in shipments globally, shipping 2.9 million EVs in 2022.
Western Europe is on pace to ship 1.9 million units in 2022, ranking No. 2 in EV shipments.
North America is expected to be the third-highest region in shipments at 855.3 thousand EVs in 2022.
“The EU’s plans to cut CO2 emissions from cars by 55% and vans by 50% by 2030 are a catalyst for the uptake of EVs in Europe,” said Davenport.
He said as governments across the world introduce new regulations and incentives to fuel EV sales, the automotive industry is also increasing investment in companies that provide charging infrastructure and vehicle battery technology to support and bolster the transition to EVs by consumers and businesses.
Gartner also forecast that the number of global public EV chargers will rise from 2.1 million units in 2022, up from 1.6 million units in 2021.
Davenport said a major issue that must be addressed is a lack of fast-charging availability for home and public charging.
“Utility providers will need to increase their investment in smart grid infrastructure to cope with growing consumption of electricity.
“Additionally, to meet climate change ambitions, countries which utilise fossil fuels to generate electricity will need to redesign their power generation to respond to the transition,” he said.
Source : The Edge Market