The electric car market is experiencing very encouraging global growth

Produced thanks to an international network of law firms and Avere, the 2022 Energy Transitions Observatory confirms that electric mobility is being massively established worldwide.

The law firm De Gaulle Flagrance et Associés, in partnership with Avere France, submitted its comments on the state of the transition to electric mobility in the world this Thursday, June 2, 2022. With the help of several correspondents, the observatory comments on. boom in the electric car market, which represents 12% of global car sales in 2021 (only 1% in 2013). With 6 million registered vehicles, Cabinet President Louis de Gaulle attributes this growth in particular to State volunteering .

Everywhere this rapid development has been driven by the voluntariness of states

Louis de Gaulle, De Gaulle Flagrance and Associates

Note also the good capacity to install charging stations in the Netherlands and Norway’s leading position in the implementation of vehicles with 86% of its car market completely renewed. Asked in the report, Leonardo Paoli from the IEA (International Energy Agency) claims it these countries have a clear ambition and a clear chance where there is no room for “maybe” .

The race incentive

China has repeatedly emerged as the undisputed market leader with more than 3 million vehicles sold in 2021. It is also the country with the highest concentration of factories as 75% of the infrastructure is located in the country. India is also in this race with a total of 380 factories installed. With regard to purchase support measures, financial incentives are often adopted, especially with tax deductions in these last two countries. In Europe, France is cited as European champion in financial assistance , through the various purchase support measures such as organic bonus without income conditions, conversion bonus or bonus for electrical retrofitting. The list of incentive policies seems to be getting longer with the proposal by the president-elect to introduce a long-term rental scheme of 100 euros / month. Even though Minister of Energy Conversion Agns Pannier-Runacher last week clarified that the measure would be means-tested and not yet current. Finally, in the case of Germany, the country stands out for its non-monetary measures in favor of electric vehicles (dedicated car parks, permission to use bus lanes, low-emission zones, etc.).

Policies for installation of different and constantly increasing charging stations

In terms of filling gas stations, China is most dependent on the countries represented (Germany, Saudi Arabia, China, France, India, Poland, Turkey) with 7 cars per capita. . Specifically, more than 53,600 terminals were identified in 2021 in France (ie an increase of 64% in one year). In Poland, many incentives are again noted, such as the absence of building permits. While many installation targets have been set in each country, Turkey is betting on a policy of massive installation of charging stations before a subsequent economic incentive for consumers.

Finally, we can note the incipient involvement of Saudi Arabia and more specifically the NEOM project, a completely carbon-free smart city where the electric car will have a polling station.

In Europe, this favorable momentum can only be increased if the European Parliament and the Member States approve the Commission’s proposal to stop the sale of thermal vehicles in 2035 as part of the Fit-for-55 package. And even without this goal, Avere estimates that electric cars will capture 50% of the European car market share in 2025 and 90% in 2030.







Article published June 6, 2022

Leave a Comment