Top Three Electric Vehicle Industry Predictions for 2024
Fransua Vytautas Razvadauskas
2024 is expected to be an exciting year for the electric vehicle (EV) industry as it continues to transform consumer and commercial mobility. According to Euromonitor’s Mobility forecasts, 25% of all new passenger car registrations are forecast to be electric in 2024, exceeding 17 million units in sales globally. Here are the top three predictions for the EV market in 2024.
Three Challenges Facing the Electric Vehicle Industry
Fransua Vytautas Razvadauskas
In 2023, new electric vehicles (EV) as a share of total registrations are projected to reach a record 20% (only including battery electric and plug-in hybrid electric vehicles) worldwide, up from 16% a year earlier. Yet, as EV take-up grows, the industry is anticipated to face several growing pains: the lack of affordable EVs, lagging EV charging infrastructure, and insufficient grid capacity. Amid stricter laws and carbon emission standards set by governments, overcoming these key challenges will be vital to continue decarbonising the transport sector.
Autonomy Mobility World Expo
Fransua Vytautas Razvadauskas
Autonomy Mobility World Expo (AMWE) is the world’s largest annual gathering of international policymakers, institutions, NGOs, corporations, companies, and start-ups focused on sustainable urban mobility solutions.
Has the Energy Crisis Derailed Interest in Electric Vehicles?
Fransua Vytautas Razvadauskas
Skyrocketing electricity prices, especially in Europe due to the war in Ukraine, are likely to test the EV industry’s resilience, which has already been challenged by semiconductor shortages and rising production costs.
EV Readiness Index 2022: Incentives are Paramount to Boosting EV Adoption
Fransua Vytautas Razvadauskas
In July 2022, Euromonitor International launched the 2022 EV Readiness Index. The index evaluates electric vehicle preparedness in 37 countries across 20 data points within four pillars: market maturity, income and spending factors, infrastructure factors and incentive factors.
电动汽车领域，谁拔得头筹？
Fransua Vytautas Razvadauskas
随着运输业去碳化的步伐加快，电气化是当下出行和汽车行业最热门的趋势之一。2021年，纯电动汽车（BEV）占42个主要经济体新车注册量的6.8%，高于2020年的3.9%。然而，电动汽车（EV）的接纳情况并不一样。
Three Vital Insights for Mobility Companies
Fransua Vytautas Razvadauskas
Mobility patterns are changing as sustainability pressures, technological innovation, remote work arrangements and improving mobility infrastructure are altering consumer attitudes to travel. We identify three key trends that consumers are focusing on in the fast-growing mobility industry which can support strategies for mobility companies in 2022 and beyond.
Hospitality - Front and Centre
Nadejda Popova
The hospitality sector is being transformed as a result of the global pandemic, with consumers expecting heightened cleanliness and safety measures, purpose-driven services and products, bespoke experiences and more responsible business operations supportive of social and environmental causes.
Who is Winning the Electric Vehicle Race?
Euromonitor International
The transition to electric vehicles (EVs) is in full flow with sales improving year on year. Some countries are performing better than others, with Northern and Western European countries seeing the largest share of fully electric passenger car registrations, thanks to a plethora of demand size incentives, whereas take-up has been slower in key markets such as the US and Japan. China is the largest market for EVs, and is accelerating its transition by growing the supply of affordable models.