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Development of the Worldwide New Energy Vehicle Market in 2020 and Beyond (pre-order)

Published: | MIC - Market Intelligence & Consulting Institute | 28 Pages | Delivery time: 3-5 business days


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Development of the Worldwide New Energy Vehicle Market in 2020 and Beyond (pre-order)
Published: February 23, 2021
MIC - Market Intelligence & Consulting Institute
Content info: 28 Pages
Delivery time: 3-5 business days
  • Description
  • Table of Contents
  • List of Tables

Governments worldwide have been keen to promote electric vehicles through a variety of measures such as rewards and penalties in a bid to reduce energy consumption and carbon emissions. The market is currently shared by China, Europe, the US, and other countries in the ratio of 4:3:2:1, respectively. Although COVID-19 has a negative impact on consumer demand and automotive assembly plants’ production capacity in the short term, it also brings new business opportunities as people tend to drive rather than taking public transport or sharing a ride. Thanks to governments’ incentives and subsidy schemes, demand for new energy vehicles has surpassed that for traditional vehicles, painting a bright future for the new energy vehicle market.

Product Code: NARPT21022301

Table of Contents

1. Flat Sales in 2020 but Strong Growth Momentum in 2025

2. Strong Growth Potential in Europe Last Year

  • 2.1 Europe Becomes World’s Largest Market Since Q120
  • 2.2 Regulations and Preferential Policies to Push European New Energy Vehicle Sales to 4.9 Million in 2025
    • 2.2.1 Carbon Emission Regulations Put Automotive Vendors and Assembly Companies under Great Pressure
    • 2.2.2 EU Increases Purchase Subsidies to Boost Price Competitiveness
    • 2.2.3 Ban on Diesel Cars Accelerates New Energy Vehicle Growth in Europe
    • 2.2.4 New Energy Vehicle Sales in Europe to Reach 4.9 Million Units in 2025

3. Chinese New Energy Vehicle Sales Turn the Corner in 2020

  • 3.1 China’s New Energy Vehicle Production and Sales in July Report Growth for the First Time
  • 3.2 Tesla’s New Energy Vehicle Sales Grow against the Trend
  • 3.3 Extension of Subsidy Scheme and Long-term Sales Target to Drive Chinese New Energy Vehicle Growth in 2025
    • 3.3.1 New Dual Credit System Reduces Carbon Emissions while Promoting New Energy Vehicles
    • 3.3.2 China Extends New Energy Vehicle Subsidy Scheme in Post-pandemic Era
    • 3.3.3 New Energy Vehicle Sales Likely to Resume Strong Growth in 2021 and Meet 2025 Target

4. MIC Perspective


  • List of Companies

List of Tables

  • Table 1 Forecast of Worldwide New Energy Vehicle Sales, 2019 - 2025
  • Table 2 New Energy Vehicle Sales Volume in Seven European Countries between January and May, 2020
  • Table 3 Top 20 Best-selling Electric Vehicle Brands in 27 European Countries in 1Q20
  • Table 4 Carbon Emission Reduction Achieved by Top 9 Automotive Vendors/Assembly Companies in 2020
  • Table 5 Estimate of New Energy Vehicle Sales in Europe in 2020 under Different Carbon Emission Targets
  • Table 6 Forecast of New Energy Vehicle Sales in Europe over Next Five Years
  • Table 7 Chinese New Energy Vehicle Sales from January to July of 2020
  • Table 8 Comparison of Subsidy Schemes for New Energy Passenger Cars in 2019 and 2020
  • Table 9 Forecast of New Energy Vehicle Sales in China over Next Five Years

List of Figures

  • Figure 1 New Energy Vehicle Growth Rates in China, Europe, and Rest of World in 1H20
  • Figure 2 Automotive Vendors/Assembly Companies Set to Launch 50-plus PHEV/BEV in 2020
  • Figure 3 New Preferential Policies in Europe during Pandemic
  • Figure 4 Target Dates of Ban on Diesel Car/ZEV in European Countries
  • Figure 5 EU’s Carbon Emission Standards v.s. New Energy Vehicle Sales
  • Figure 6 Monthly Production/Sales of New Energy Vehicles in July, 2017 - 2020
  • Figure 7 Top 10 New Energy Vehicle Passenger Car Vendors and Assembly Companies in 1H20
  • Figure 8 Solicitation of Public Opinions: Credit System for New Energy Vehicles
  • Figure 9 Solicitation of Public Opinions: New Dual Credit System Drastically Cuts Credits for Single Vehicle

List of Topics

Development of new energy vehicles, comprising mainly of plug-in hybrid electric vehicle (PHEV) and BEV (Battery Electric Vehicle), and includes global new energy vehicle sales forecast for the period 2021-2025

Development of new energy vehicles in Europe, touching on sales, regulations, key growth drivers, new model rollouts of key automakers,

Development of new energy vehicles in China, touching on sales performance, laws and regulations, and key growth drivers, and major players in China such as Telsa.

Companies covered


BAIC BluePark New Energy




Chery Automobile


Daimler AG


Guangzhou Automobile


Hozon New Energy Automobile


Jinkang New Energy Automobile


Leap Motor


Mitsubishi Pajero



Passat GTE







Toyota Group


VW Group