Global and U.S. electric vehicle trends – ICCT Report June 2019

Electric vehicle Growth: 60%+ annual growth rate, 2 million EVs per year and growing

ยง Battery innovation and scale enables mainstream market in years ahead

ยง Industry commitments showing order of magnitude higher scale is underway

ยง Policies for the transition to electric vehicles

ยง Top EV markets around the world show us a complete policy package ยง Reducing CO2 emissions at triple the historical rate needed to decarbonize transport

ยง As EV cost parity is reached, policies including durable polluter-pay taxation, regulation, infrastructure support, and consumer campaigns remain critical

ยง We could proceed with similar steps for zero-emission trucks in the years ahead

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