Zero-Emission Vehicles FactbookA BloombergNEF special report prepared for COP26November 10, 2021UNDER EMBARGO UNTIL NOVEMBER 10, 2021Designed cover and divider pages will be added to the final version1Zero-Emission Vehicles Factbook, November 10, 2021This special report has been produced by BloombergNEF at the request of the U.K. COP26 Presidency and in partnership with Bloomberg Philanthropies, to coincide with COP26, the 2021 United Nations Climate Change Conference.Since the last Conference of the Parties in late 2019, global momentum towards zero-emissions road transport has accelerated significantly. Just a few signs of progress include:●Annual electric vehicle sales are on track for around 5.6 million units in 2021, up from 2.1m in 2019 and 3.1m in 2020. 7.2% of new cars sold globally in the first half of this year were electric, up from 2.6% in 2019 and 4.3% in 2020. The global clean road transport market will be worth around $244 billion this year.●There are more than 500 zero-emission vehicle models available to buy globally, up 37% since 2019. ●Proposed and confirmed rules in the U.S., EU and China imply that EVs will be roughly 20-30% of car sales in those markets by 2025. ●Automakers have collectively committed to sell around 40 million EVs per year by 2030, and automakers with planned phase-outs of combustion engines now account for 27% of the global auto market.This Zero-Emission Vehicles Factbook documents the progress that has been made towards global net zero in the road transport sector, and shows that the future is brighter than ever for zero-emission vehicles (ZEVs).Still, while many of the indicators in this report are pointing in the right direction, most of them still hav...
