EVO Report 2022 | BloombergNEF | Bloomberg Finance LP

The Electric Vehicle Outlook is our annual long-term publication looking at how electrification, shared mobility, autonomous driving and other factors will ... Skiptocontent BloombergtheCompany&ItsProductsTheCompany&itsProductsBloombergTerminalDemoRequestBloombergAnywhereRemoteLoginBloombergAnywhereLoginBloombergCustomerSupportCustomerSupport BloombergConnectingdecisionmakerstoadynamicnetworkofinformation,peopleandideas,Bloombergquicklyandaccuratelydeliversbusinessandfinancialinformation,newsandinsightaroundtheworld ForCustomersBloombergAnywhereRemoteLoginSoftwareUpdatesManageProductsandAccountInformation SupportAmericas+12123182000EMEA+442073307500AsiaPacific+6562121000 CompanyAboutCareersDiversityandInclusionTechAtBloombergPhilanthropySustainabilityBloombergLondonBloombergBetaGender-EqualityIndex CommunicationsPressAnnouncementsPressContacts FollowFacebookTwitterLinkedInInstagram ProductsBloombergTerminalExecutionandOrderManagementContentandDataFinancialDataManagementIntegrationandDistributionBloombergTradebook IndustryProductsBloombergLawBloombergTaxBloombergGovernmentBloombergNEF MediaBloombergMarketsBloombergTechnologyBloombergPursuitsBloombergPoliticsBloombergOpinionBloombergBusinessweekBloombergLiveConferencesBloombergAppsBloombergRadioBloombergTelevisionNewsBureaus MediaServicesBloombergMediaDistributionAdvertising CompanyAboutCareersDiversityandInclusionTechAtBloombergPhilanthropySustainabilityBloombergLondonBloombergBetaGender-EqualityIndex CommunicationsPressAnnouncementsPressContacts FollowFacebookTwitterLinkedInInstagram ProductsBloombergTerminalExecutionandOrderManagementContentandDataFinancialDataManagementIntegrationandDistributionBloombergTradebook IndustryProductsBloombergLawBloombergTaxBloombergGovernmentBloombergEnvironmentBloombergNEF MediaBloombergMarketsBloombergTechnologyBloombergPursuitsBloombergPoliticsBloombergOpinionBloombergBusinessweekBloombergLiveConferencesBloombergAppsBloombergRadioBloombergTelevisionNewsBureaus MediaServicesBloombergMediaDistributionAdvertising BloombergConnectingdecisionmakerstoadynamicnetworkofinformation,peopleandideas,Bloombergquicklyandaccuratelydeliversbusinessandfinancialinformation,newsandinsightaroundtheworld ForCustomersBloombergAnywhereRemoteLoginSoftwareUpdatesManageContractsandOrders SupportAmericas+12123182000EMEA+442073307500AsiaPacific+6562121000 Electric Vehicle Outlook 2022 GetTheExecutiveSummary TheElectricVehicleOutlookisourannuallong-termpublicationlookingathowelectrification,sharedmobility,autonomousdrivingandotherfactorswillimpactroadtransportinthecomingdecades.Thereportdrawsonourteamofspecialistsaroundtheworldandlooksatscenariosforhowthesetrendswillimpacttheautomotive,oil,electricity,infrastructureandbatterymaterialsmarkets,aswellasCO2emissions. Thepicturetoday EVsales EVsalesaresurgingduetoacombinationofpolicysupport,improvementsinbatterytechnology,morecharginginfrastructureandnewcompellingmodelsfromautomakers.Electrificationisalsospreadingtonewsegmentsofroadtransport,settingthestageforhugechangesahead. Allfigures2021 PassengerEVsales ChinastilldominatestheglobalEVmarket,butsalesarerisingquicklyelsewheretoo.Batteryelectricsarepullingaheadofplug-inhybridsandthegapissettowidenfurtherintheyearsahead. GlobalpassengerEVsalesbymarket GlobalpassengerEVsalesbymarket GlobalpassengerEVsalesbymarket GlobalpassengerEVsalesbymarket GlobalpassengerEVsalesbymarket GlobalpassengerEVsalesbydrivetrain GlobalpassengerEVsalesbydrivetrain GlobalpassengerEVsalesbydrivetrain GlobalpassengerEVsalesbydrivetrain GlobalpassengerEVsalesbydrivetrain Note:Includeshighway-capablepassengerEVs.Excludeslow-speedEVs,e-busesandcommercialEVs.Allfigures2021. Numberofpublicchargingstations Moreandmorechargingpointsarebeingbuilt,buteachcountrywillhaveitsownoptimalmixofhome,workplaceandpublicchargers. Cumulativeglobalpublicchargingconnectors Source:BNEF,ChinaElectricVehicleInfrastructurePromotionAlliance(EVCIPA),U.S.alternativefuelsdatacentre,Tesla,Chargehub,arangeofpublicandprivatesources.Allfigures2021. Cumulativeglobalpublicchargingconnectors Source:BNEF,ChinaElectricVehicleInfrastructurePromotionAlliance(EVCIPA),U.S.alternativefuelsdatacentre,Tesla,Chargehub,arangeofpublicandprivatesources.Allfigures2021. Cumulativeglobalpublicchargingconnectors Source:BNEF,ChinaElectricVehicleInfrastructurePromotionAlliance(EVCIPA),U.S.alternativefuelsdatacentre,Tesla,Chargehub,arangeofpublicandprivatesources.Allfigures2021. Cumulativeglobalpublicchargingconnectors Source:BNEF,ChinaElectricVehicleInfrastructurePromotionAlliance(EVCIPA),U.S.alternativefuelsdatacentre,Tesla,Chargehub,arangeofpublicandprivatesources.Allfigures2021. Cumulativeglobalpublicchargingconnectors Source:BNEF,ChinaElectricVehicleInfrastructurePromotionAlliance(EVCIPA),U.S.alternativefuelsdatacentre,Tesla,Chargehub,arangeofpublicandprivatesources.Allfigures2021. OildisplacementfromEVs EVsofalltypesarealreadydisplacing1.5millionbarrelsperdayofoilusage,equivalenttoabout3%oftotalroadfueldemand. Oildisplacementbyvehiclesegment OildisplacementfromEVs EVsofalltypesarealreadydisplacing1.5millionbarrelsperdayofoilusage,equivalenttoabout3%oftotalroadfueldemand. Oildisplacementbyvehiclesegment OildisplacementfromEVs EVsofalltypesarealreadydisplacing1.5millionbarrelsperdayofoilusage,equivalenttoabout3%oftotalroadfueldemand. Oildisplacementbyvehiclesegment OildisplacementfromEVs EVsofalltypesarealreadydisplacing1.5millionbarrelsperdayofoilusage,equivalenttoabout3%oftotalroadfueldemand. Oildisplacementbyvehiclesegment OildisplacementfromEVs EVsofalltypesarealreadydisplacing1.5millionbarrelsperdayofoilusage,equivalenttoabout3%oftotalroadfueldemand. Oildisplacementbyvehiclesegment Lithium-ionbatterydemand Batterydemandisrisingsharply,puttingpressureonthesupplychainformaterialslikelithium,cobaltandnickel. Annuallithium-ionbatterydemandbyapplication Source:BNEF. Lithium-ionbatterydemand Batterydemandisrisingsharply,puttingpressureonthesupplychainformaterialslikelithium,cobaltandnickel. Annuallithium-ionbatterydemandbyapplication Source:BNEF. Lithium-ionbatterydemand Batterydemandisrisingsharply,puttingpressureonthesupplychainformaterialslikelithium,cobaltandnickel. Annuallithium-ionbatterydemandbyapplication Source:BNEF. Lithium-ionbatterydemand Batterydemandisrisingsharply,puttingpressureonthesupplychainformaterialslikelithium,cobaltandnickel. Annuallithium-ionbatterydemandbyapplication Source:BNEF. Lithium-ionbatterydemand Batterydemandisrisingsharply,puttingpressureonthesupplychainformaterialslikelithium,cobaltandnickel. Annuallithium-ionbatterydemandbyapplication Source:BNEF. Reachingnetzeroby2050 Thisyear’sreportincludesa“NetZero”scenariowhichinvestigateswhatapotentialroutetocarbonneutralitylooksacrossallsegmentsofroadtransportby2050.Italsoincludesfivethematichighlightsonimportantemergingtopicareas: TheEVadoptiongapbetweenwealthyandemergingeconomies Heavydutylong-haultrucking:batteriesversushydrogenfuelcells Thevalueofvehicle-to-grid:AU.K.casestudy Thesupplyanddemanddynamicsforbatterymetalsfromnowto2030 Reshapingmobilitydemandthroughmodalshifts Keynumbers $53Trillion Sizeoftheelectricvehiclemarketopportunitybetweentodayand2050intheEconomicTransitionScenario 2027 Peakyearforroadtransportoildemand 27% Increaseinglobalelectricitydemandin2050causedbyelectrifyingalmostallofroadtransportintheNetZeroScenario Executivesummary SeetheexecutivesummarybelowtofindoutmoreontheimplicationsofEVadoptionforenergymarkets,rawmaterials,emissions,charginginfrastructureandmore. ClicktoreadEVO2022 BNEFClients BNEFclientscanaccessthefullreport,includingthebreakdownbysegment,technologyandregion,aswellastheunderlyingExceldataandpreviouseditions. Readthefullreport Reportauthors ColinMcKerracher Leadauthor @colinmckerrache AleksandraO’Donovan Passengervehicles Dr.NikolasSoulopoulos Commercialvehiclesandfreight AndrewGrant Modelingandsharedmobility @agrant49 SiyiMi Twoandthreewheelers @siyi_mi DavidDoherty Oil RyanFisher Charginginfrastructure CoreyCantor Electricbuses JinghongLyu Modeling Dr.KwasiAmpofo Metalsandmining Dr.AndyLeach Batteries YayoiSekine Batteries LauraMaloYague Data WilliamEdmonds Australia KomalKareer India TakehiroKawahara Commercialvehicles Wanttolearnhowwehelpourclientsputitalltogether?Contactus