About this report

Electric vehicles, primarily battery electric vehicles and plug-in hybrid electric vehicles, have the capacity to increase energy efficiency, diversify transport energy carriers, and reduce their carbon intensity, supporting the integration of variable renewable energy in the power generation mix and transferring to the transport sector greenhouse gas emissions mitigations occurring in power generation. This report aims to provide an update on recent electric vehicle developments, providing detailed information on the recent evolution of registrations (vehicle sales), the number of electric vehicles on the road, and their modal coverage across the most relevant global vehicle markets. The analysis also looks at the availability and characteristics of electric vehicle supply equipment, reporting on the evolution of deployment rates. The report includes a review and a discussion of key elements on policy support. Finally, the analysis provides insights on the encouraging signs that characterised the recent evolution of battery costs and energy density.