Global Electric Vehicle Outlook Report,2021 – UPSC GS3

Global Electric Vehicle Outlook Report,2021:
  • Released by International Energy Agency(IEA) annually.
  • The report looks at the latest EV trends.
  • It also looks at measures for electrification of road transport sector around the world.
Key Findings of Global Electric Vehicles Outlook 2021 related to India:
  • More than 30% of the new vehicle sales in India will be electric by 2030.
  • Electric Vehicles(EV) deployment in India will mainly be achieved through the electrification of two/three-wheelers. The report mentions that electric two/three-wheeler sales will reach a sales share of almost 50% by 2030.
  • However, the lack of government spending under the FAME II Scheme has delayed EV deployment in India.
  • Further, EV deployment was also delayed due to pressure on domestic automakers to focus on BS-VI innovation instead of EVs.
International findings of Global Electric Vehicles Outlook 2021:
  • Three million new electric cars were registered in 2020. This was 41% higher than those registered in 2019.
  • The rise in electric car sales in 2020 came even as the worldwide automobile market contracted by 16% due to the Covid-19 pandemic.
  • Apart from that, the number of electric cars, buses, vans and heavy trucks on roads is expected to hit 145 million by 2030.
  • Moreover, if the governments improve their efforts to meet international climate goals, then the number of global electric vehicles will increase to 230 million by 2030.
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