The worldwide automotive fleet might double from now to 2035
- According to the International Energy Agency (IEA):
•The number of vehicles on the roads in the world might double from 870 million units currently to 1.7 billion units in 2035, driven by growth in emerging countries.
•The motorization rate of China, which is already the second automotive market after Europe, might increase from 40 cars per 1 000 inhabitants in 2010 to 310 cars in 2035. Its fleet, which currently account for 60 million vehicles, might exceed the 400 million units at this horizon. The number of cars in India might increase from 15 million units currently to 160 million units in 2035.
•In terms of motorizations, the Agency states that internal combustion engine vehicles will continue to dominate the market for light vehicles until 2035. At this horizon, electric vehicles might represent 4% of sales, hybrids 21% i.e. a quarter of the market altogether. In 2011, only 40,000 electric vehicles were sold in the world.
- From the point of view of Inovev however, these figures must be treated with caution, because they are based on a continuity of mobility modes. And breaking scenarii are quite possible in the next 20 years.
