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►Electric Vehicles in Europe
Light Duty Hybrid, Plug-in Hybrid, and Battery Electric Vehicles: Market Analysis and Forecasts
Across Europe, a greater variety of hybrid (HEV), plug-in hybrid (PHEV), and battery electric vehicle (BEV) models are being offered by manufacturers each month. Although government support is waning, the increasing availability of vehicle charging infrastructure that enables vehicles to charge at home, at the workplace, and in public places is facilitating market growth.
The top six European countries for BEVs on the road in 2020 will be Germany, France, Norway, the United Kingdom, the Netherlands, and Sweden, with this group representing more than 67% of the total market, and each having a volume in excess of six figures. The situation is slightly different for PHEVs, where only four countries are expected to exceed a volume of greater than 100,000 vehicles – Germany, France, Italy, and the United Kingdom – and these four represent 52% of the total. By 2020, Pike Research forecasts that more than 1.8 million BEVs will be on Europe’s roadways, along with 1.2 million PHEVs and 1.7 million HEVs.
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