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List of Tables. Register for free Already a member? See Exhibit 2. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive. Automakers will require credits to produce conventional vehicles. Currently available electric-drive vehicles EDV in the U. Our research, which involved using a proprietary H2 cost model to evaluate hundreds of opportunities, indicates that the most promising applications for low-carbon hydrogen over the next decade lie in industrial processes such as ammonia, steel, and chemical manufacturing, and, potentially, heavy transportation.
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The global electric-vehicle market is amped up and on the rise

That could fall even further as emissions regulations are increasingly based on real consumption. Meanwhile, the Chevrolet Volt was phased out, and its sales fell by 14, units. This opportunity comes with huge challenges and trade-offs. BEV sales picked up speed substantially, with a 70 percent growth rate propelled by three models: the Tesla Model 3, Hyundai Kona, and Audi e-tron. EV sales increased by double-digit percentages in in almost every European country. With announced launches of new EV models spiking, both automakers and suppliers are increasing their global footprints in target markets by localizing the production of vehicles and components.
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The global electric-vehicle market is amped up and on the rise | McKinsey

For example, Tesla began construction of its Shanghai plant in January and delivered the first locally produced EV that December. It has also increased purchase-price subsidies for EVs and will continue them until the end of The EVI assesses the key performance indicators in each country and rates them on a scale from 0 to 5 for every dimension. India is new to the EVI this year. Accept Use minimal essential cookies.
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McKinsey Electric Vehicle Index: Europe cushions a global plunge in EV sales

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Description: Article What a teardown of the latest electric vehicles reveals about the future of mass-market EVs. We strive to provide individuals with disabilities equal access to our website. Article Dynamics in the global electric-vehicle market. Among EV manufacturers, Tesla continued as market leader in , with , units sold globally, for a market share of about 16 percent, up from 12 percent in Exhibit 4.

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