Global sales of passenger cars were sluggish in 2019, but electric cars had another banner year. The global electric car fleet consisted of 7.2 million (2019) versus 5.1 million (2018). By 2030, global EV
sales will reach 25 million units. China will continue to dominate the EV market.
The infrastructure for electric-vehicle charging continues to expand. There were 7.3 million chargers worldwide in 2019 (6.5 million were private). Convenience, cost-effectiveness, and a variety of support
policies (such as preferential rates, equipment purchase incentives, and rebates) are the main drivers.
Electric car sales drive cost reductions in batteries, boosting deployment across all road vehicle categories.
Policies continue to support electric vehicle deployment and are evolving to a more holistic policy portfolio. Environmental and sustainability objectives drive electric vehicle policy support at all
governance levels.
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