Can we reach 100 million electric cars worldwide by 2030? : A modelling/scenario analysis

  • 16/05/2017

  • Global Fuel Economy Initiative (GFEI)

This report is part 2 of a study of the potential to achieve a particular target of electric and plug-in hybrid vehicle sales worldwide by 2030. That target is 100 million for 4 wheel road vehicles (cars and LDVs) as a cumulative sales (or roughly a stock) target in that year, consistent with the Paris Declaration on Electromobility. The previous report provided an overview of trends and some of the key considerations in getting to the 100 million target. This report takes a more rigorous approach, considering formalized models and scenario development and projecting key factors to 2030 to gain a sense of whether they suggest that sales of 100 million over that time frame are realistic or even plausible.