Major automakers are investing heavily in electrified vehicles, with a total of over $110 billion committed globally. Volkswagen alone plans to spend $40 billion through 2030 to build over 300 electric models. Other large investments are coming from Toyota at over $13 billion, Ford increasing its EV spending to $11 billion, and Daimler committing at least $11.7 billion. Sales of electric vehicles grew substantially in 2017, increasing 51% to 1.1 million vehicles sold worldwide.
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OEMS investments in electrified vehicles tops $ 110 billion
1. 1
OEMS investments in electrified vehicles tops $ 110 billion
Investments in electrified vehicles announced to date include at least $20 billion
by automakers in the United States, $20 billion in China, $50 billion in Europe and
$20 billion in South Korea
2. 2
In 2017 EVs sales originated 1.1 million vehicles, up from 740,000 in
2016, representing an increase of 51%.
EVs, which are powered only by the battery, grew at a faster rate of
61%, to 734,000 vehicles, while PHEVs, which also have an internal
combustion engine (ICE), gained 36% to 386,000.
Global EV - Sales 2017
2017
Evs 1,1 Million
units
Evs Global Market Share
3. 3
Volkswagen AG
The largest single investment is coming from Volkswagen AG, which plans to spend
$40 billion by 2030 to build electrified versions of its 300-plus global models
4. 4
Daimler polish up his EV – Vehicle Brand
Daimler has said it will spend at least $11.7 billion to introduce 10 pure electric and 40
hybrid models, and that it intends to electrify its full range of vehicles, from minicompact
commuters to heavy-duty trucks.
5. 5
BMW is rushing forward with its electrification strategy
BMW says it will have 25 electrified models in its lineup by 2025, 12 of which will be fully electric.
BMW currently has 10 “electrified vehicles” on the market: nine electrified cars (including hybrids
and plug-in hybrids) and the BMW C Evolution electric scooter.
6. 6
Toyota to make over 10 battery EV models in early 2020s
Toyota Motor said it will market more than 10 all-electric vehicle models globally in the early 2020s.
The investment to develop their batteries is likely to exceed $13 billion through 2030. The world's
second-biggest automaker by sales said it needed to accelerate the pace of battery development.
7. 7
Ford will boost electric vehicle spending to $11B and offer 40 electrified
models by 2022
Ford Motor will boost its investment in electric vehicles to $11 billion by 2022. This is a huge
increase from the $4.5 billion by 2020 the automaker announced in December 2015 that it planned
to invest
8. 8
GM Plots All-Electric Future with 20 New EVs and Fuel Cell Vehicles
Coming By 2023
GM Chief Executive Mary Barra has not said how much the automaker will spend on electric
vehicles.
9. 9
Renault, Nissan & Mitsubishi alliance will launch 12 new all-electric
vehicles within the next 5 years
The alliance of Renault, Nissan and Mitsubishi has announced ambitious plans to produce a range
of new electric, autonomous and robotic vehicles using shared platforms.
The companies will jointly invest €10 billion to the cause, which targets the sale of nine million cars
by 2022
10. 10
Peugeot plans 100 percent electrified vehicle line-up by 2025
European automaker PSA Peugeot Citroen plans to offer electric and hybrid electric powertrain
options for all of its vehicles by 2025, according to CEO Carlos Tavares.
The company aims to offer partial autonomous driving features on 80 percent of its car line-up by
2030, with a full 10 percent of the cars it sells capable of full self-driving operation.
11. 11
Volvo plans to produce its first all-electric car in 2019
The company said it wants to sell one million electric cars by 2025.
The Swedish automaker, which is owned by the Chinese company Geely, is making a big bet on
electric vehicles. In 2015, Volvo launched its XC90, which was its first vehicle with a hybrid
powertrain and in April 2016, the company promised that it would sell one million electrified cars by
2025
12. 12
Hyundai Motor announced that it will invest $21.5 billion in new
technologies
Hyundai Motor said by 2025 it will be producing 38 environment-friendly vehicles including
14 types of electric cars and two hydrogen-fueled vehicles. On smart cars it plans to test an
autonomous vehicle in 2021 and commercialize it in 2030.
This is the first time that Korea’s largest automotive company has officially included robotics and
artificial intelligence in its future business plan.
13. 13
Changan Automobile Co has proposed a $15 billion plan to launch 21 new
pure electric vehicles and 12 plug-in hybrids by 2025
The Chongqing-based automaker is partnered in China with Ford Motor Co, French automaker PSA
Peugeot Citroen and Japanese automakers Suzuki Motor Corp and Mazda Motor Corp.
14. 14
SAIC Motor said it plans to invest at least $3 billion on so-called new
energy vehicles, including electric and hybrid models
Shanghai-based SAIC, is partnered with Volkswagen AG and General Motors Co
15. 15
Great Wall Motor
The independent carmaker, which is based in Baoding, plans to spend at least $1.8 billion
and as much as $8 billion over the next 10 years on EV models.
16. 16
Who Else Is Pushing Hard for Electrified Cars
Ferrari will make a super e-car, Porsche on track with a similar plan and Jaguar Land Rover earlier
this month said its fleet of new vehicles will have electric or hybrid-electric offerings starting in 2020.
FCA with the Maserati brand will also offer an e-car in the premium segment.
17. 17
80
86
93,3
70
74
0
10
20
30
40
50
60
70
80
90
100
2017F 2018F 2019F 2020F 2021F
Global passenger car market volume 2017F – 2021F
(units million) Forecast Figures
63
66
60
62
0
10
20
30
40
50
60
70
2013 2014 2015 2016
Global passenger car market volume 2013 - 2016
(units million)
* Global passenger cars market in 2016
Global passenger cars market in 2016 increased with a
CAGR of 3.4% between 2012 and 2016, to reach a total
of 66,1 million units in 2016.
The surging demand for new cars in India and China,
combined with the solid performance of the European
market, has driven growth in the global new cars market.
The Chinese market showcased double-digit rates, whilst
the Indian market peaked in 2016. This helped the Asia-
Pacific market to expand to 47.1% of the global market
value in 2016. The European market experienced high
demand within improving macroeconomic conditions and
low interest rates. The performance of the US market was
moderate.
Global passenger cars market volume forecast
2017 - 2021
Global passenger cars market volume is in 2017 is
forecasted with 70 million units and it is expected to rise to
93 million units by the end of 2021, representing a CAGR
of 7.1% for the 2016 - 2021 period.
Global passenger cars market volume in 2016
and forecast 2017 - 2021
* Don´t mix up the numbers
Passenger cars market volume include saloons, hatchbacks, SUVs, 4x4s and other related vehicles, but excludes light commercial vehicles.
Total global light vehicle sales (passenger cars plus light commercial vehicles) will reach 93.5 million units, by 2017.
18. 18
In 2017 EVs sales originated 1.1 million vehicles, up from 740,000 in
2016, representing an increase of 51%.
EVs, which are powered only by the battery, grew at a faster rate of
61%, to 734,000 vehicles, while PHEVs, which also have an internal
combustion engine (ICE), gained 36% to 386,000.
Global EV - Sales 2017
2017
Evs 1,1 Million
units
Evs Global Market Share