Rystad Energy: Share of electric vehicles in new car sales to rise from 5.3 % to 10.3 % in 2021
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World-wide sales of new electric vehicles totalled 3.2 million in 2020 and will rise in 2021 to 7 million, according to analysts Rystad Energy. The share of electric vehicles in sales of new cars will climb from 5.3 % to 10.3 %.

    In terms of the structure of sales, 68 % of electric car sales will be battery electric vehicles, while 32 % will be plug-in electric vehicles. The driving force behind the growth is China, where in September 2021, a total of 340,000 electric vehicles were sold – about half the world-wide figure. European countries also made a considerable contribution:

  • In Norway, in September, the share of electric vehicles in sales of new cars reached 90 % and the Norwegian government plans to boost that figure to 100 %.
  • In Germany in September, a total of 56,000 electric vehicles were sold, constituting a share of 30 % of overfall sales.
  • In France, sales reached 29,000 in September. Next year, keeping sales at that level will be helped by a French government decision to postpone from January to July the partial removal of subsidies for the electric vehicle market.
  • In Sweden, September sales totalled 12,264 vehicles and, for the first time, this crossed the 50 % mark of all car sales.
  • In the United States, sales of electric vehicles in September amounted to 4.4 % of the total sales figure. The Biden administration’s infrastructure reform could boost that figure – under the reform, middle class families are eligible for a subsidy of $12,500 in the purchase of an electric vehicle manufactured in the United States.

    “This year’s fourth quarter is set to see a huge increase in the number of EVs sold, mirroring trends from 2019 and 2020, as electric car makers like Tesla traditionally tend to push out maximum deliveries at the end of the year,” said Abhishek Murali, energy transition analyst with Rystad Energy.

    Over the first three quarters of 2021, the share of battery and plug-in electric vehicles accounted for 16.2 % of the overall total in the European Union, according to data from the European Automobile Manufacturers’ Association.

    By way of comparison, in the first three quarters in 2020, that figure stood at 8.1 %. The share of petrol cars dipped from 50.3 % to 41.3 % and diesel vehicles from 29 % to 20.5 % (while all other types of vehicles experienced a rise from 12.6 % to 22 %).

    In Russia, according to figures from the Association of European Businesses, over the first 10 months of 2021, 845 electric vehicles were sold — an increase of 18 % compared to all of 2020. But when considered against the background of standard vehicles, the indicator appears quite modest – from January through October 2021, the sale of non-electric vehicles totalled 1.31 million – an increase of 10.5 % compared to a year earlier.

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