The share of BEVs by carmaker in Europe in 2022
- Most carmakers established in Europe have announced that they intend to offer their entire range of passenger car models equipped with fully electric engines from 2030. Some brands have even announced that this range will be available from 2028 or even from 2025... However, Inovev's analyses show that sales of battery electric vehicles will very hardly be able to represent 100% of sales in Europe in 2030 or even in 2035.
- Admittedly, the European Commission's regulation for zero-emission cars are much tougher than those proposed by the Chinese, American or Japanese governments. But already, Germany seems to be deviating from the initial objectives by counting on e-fuels to continue for some time the production of cars with internal combustion engines.
- Inovev wanted to know where the carmakers are today, in terms of sales of electric cars, in relation to their objectives and in relation to the regulation of the European Commission.
- We note that in 2022 Tesla and the Chinese NIO, Xpeng, are already 100% battery electric vehicles. BYD is 50% BEV and 50% PHEV in China, but 100% in Europe. The Chinese GAC, SAIC, Chery, Dongfeng, Geely and Changan already achieve between 12% and 50% of their sales in electric vehicles. European carmakers make only 10% to 16% of their sales in electric vehicles. American and Japanese automakers achieve even lower scores, if we separate the figures of Wulingfrom the GM group. There are seven years left to reach the 2030 deadline and twelve years to reach the 2035 deadline. It will therefore be very difficult for carmakers to meet their objectives.