Skip to content

How will regulations shape the EV market?

The Economist Intelligence Unit gives its take on how regulations will shape EV growth moving forward. By Freddie Holmes

Battery-powered electric vehicles (EVs) have seen rapid growth in recent years as new models began flooding the market and economies of scale allowed retail prices to fall. Consumer demand was initially led by early adopters and supported by incentives that brought the total cost of ownership (TCO) more in line with conventional gasoline or diesel vehicles.

Special report: Electric vehicle regulation

With or without government support, EV sales remain on an upward track. Figures from the European Automobile Manufacturers' Association reveal that in the third quarter of 2021, EVs took a 9.8% share of new passenger car sales in the EU. In Q1 2021, EVs had held just a 5.7% share. Clearly, diesel and gasoline continue to dominate, but their lead is quickly eroding even amid global supply chain disruption. “Global EV sales accelerated, despite the pandemic, as the generous subsidies on offer plugged price gaps between clean and fossil-fuelled vehicles,” observes Nishita Aggarwal, a Research Analyst at The Economist Intelligence Unit (EIU).

As the industry looks to

It’s time to log in (or subscribe).

Not a member? Subscribe now and let us help you understand the future of mobility.

Pro
£495/year
or £49.50/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
no
OEM Tracker
no
OEM Model Plans
no
OEM Production Data
no
OEM Sales Data
no
Pro+
£1,950/year
or £195/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Team
£3,950/year
or £395/month
Up to 5 users
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Enterprise
Unlimited
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes

Welcome back , to continue browsing the site, please click here