Title: The Global Electric Vehicle Market In 2021 – Virta
Headings: The global electric vehicle market in 2021: statistics & forecasts
The global electric vehicle market in 2021: statistics & forecasts
In this guide, we’ll serve you all the latest facts, figures, and forecasts you need to know about the EV market and its predicted growth 👇
1. Historical data of the global EV market
2. Global electric car market size
3. The state of other electric vehicles
4. The state of EV charging
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5. The development of electric vehicle & charging technology
6. The environmental impact of EVs
7. The state of EV-related policies in 2018
8. The private sector’s response to EVs
9. Forecasts: EV market outlook by 2030

Content: In practice, all emissions from EVs are born as a result of the manufacturing process, whereas a similar logic can’t be applied to ICE cars. In the grand scheme of things, it seems safe to conclude that the public debate over EVs vs. ICE cars environmental impact is slowly turning in the favor of EVs. While it’s true that EVs increase electricity consumption, that can become the saving grace of energy utilities in the future. By the 2040s, electric vehicles will add up to over 30 TWh of installed battery storage capacity. For utilities, this means that EVs offer cheap energy storage, win no capital cost and relatively low operating costs. 7. The state of EV-related policies in 2018
It’s no secret that governmental and local policies play a huge role in the adoption of EVs. Now, let’s look at some of the most effective EV-related policies from around the world. Source: Global EV Outlook 2019
Judging from the table, it should be only a matter of time until the rest of the developed world catches up.