The European Commission plans to set tougher climate targets as part of the EU's Green Deal initiative. In December, EU leaders expressed support for a 2030 target to cut vehicle emissions by at least 55 per cent from 1990 levels, with the revision expected to be finalised in June. Stricter emission standards are set to boost the growth of new energy vehicles in Europe.
Nearly two years rise of new energy automobile market of Europe, in Germany, France, Britain, Norway, Spain and the Netherlands, Italy and Sweden, primarily through 2021 European eight new energy car sales in 1.95 million or so, year-on-year growth of around 65%, penetration of new energy vehicles throughout the year at about 21%, Norway's new energy automobile market penetration throughout the year and even reached 70%. From the analysis of the major markets, except Italy and Spain, which are still at 10% market penetration, the major countries have jumped to 20% market penetration; Sweden and Norway are the two Nordic countries that directly achieve high penetration rates due to a relatively small base.
From the perspective of the latest European new energy vehicle sales market, the sales volume of nine European countries in February 2022 was 126,000, basically unchanged from the previous month, with a year-on-year increase of 31.4%, and the penetration rate reached 21%. It is expected that the sales volume of new energy vehicles in Europe in 2022 is expected to reach 3 million units, with a year-on-year growth rate of 46% and corresponding annual penetration rate of 30%. The number is expected to reach 6 million by 2025. Germany led the way with 50,000 units sold in February, with a penetration rate of 24.9 per cent. In February, 50,000 new energy vehicles were sold in Germany, up 24.2% year on year, up 25.4% month on month, and the penetration rate was 24.9%, up 4.2 PCTS year on year.
The German government has officially announced that it will continue to provide 5.5 billion euros of funding for electric vehicle charging infrastructure until 2024 to support the country's future core industries. Germany's car industry is ready to meet tougher climate targets set by the European Commission, according to industry executives. German carmakers believe increased acceptance of electric cars will help the country meet tougher emissions limits, according to German media reports.
To this end, the commission announced fit for 55 environmental emissions package, the European commission requires each member to speed up infrastructure construction, new energy cars require each member to ensure that the main roads every 60 km 1 electric vehicle charging station, according to ernst & young and European electricity industry trade association of the joint report, in 2035, Europe will have 130 million electric vehicles on the road, and EY estimates that infrastructure expansion will cost about $62 billion over the next dozen years, with another $72 billion needed to install 56 million charging points for homes.
Some 445,000 public charging posts have been installed across Europe in the last decade, according to the agency's latest statistics. To meet demand in the future, Europe will need to install half a million public charging posts a year by 2030 and a million a year after that.
The EU has become the world's second-largest market for new energy vehicles, after China, as European governments introduce stronger incentives and car companies roll out more electric vehicles to attract consumers. After a huge increase in the number of electric vehicles, automakers are worried about a shortage of charging posts, especially as Volkswagen, BMW and Volvo are all accelerating their transition to electric vehicles.
Across the continent in the UK, the transport secretary said: "I'm delighted with BP's transition to clean energy. We will accelerate our goal of net zero emissions and increase green jobs across the UK." Bp said last month it planned to halve carbon emissions from its operations by 2030, compared with a previous target of a 30% to 35% reduction; The company aims to accelerate its goal of net zero emissions by 2050. British oil company BP said it plans to invest 1 billion pounds ($1.32 billion) in Britain over the next decade to build electric vehicle charging infrastructure to meet the country's growing demand for green energy.
Neighboring Ireland has also said it needs 100,000 fast-charging points for electric vehicles over the next eight years to meet the government's carbon emissions plan. Huge investments in incentives and charging infrastructure will be needed if the Irish government hopes to reach its target of nearly 1m electric vehicles on the road by 2030. With just 1,900 charging posts installed at 800 locations across the island, and 47,000 electric vehicles on the road, there's plenty of room for growth.
From the perspective of the sales market of new energy vehicles in the United States, a total of 59,554 new energy vehicles were sold in the American market in February 2022, with a year-on-year growth of 68.9%, and the penetration rate of new energy vehicles was 5.66%. In the previous two months, 112,829 vehicles had been sold in the United States. In the US, electric cars are also gaining traction with consumers, with one in four Americans saying they are "somewhat likely" to choose an electric vehicle in their next car purchase, according to the Pew Research Centre.
On the other hand, as oil prices rise, more people start to buy new energy cars. On March 7, the average price of gasoline in the U.S. rose to $4.10 a gallon, making it more than $55 to fill up a midsize car. It costs between $20 and $45 to fully charge an electric vehicle of the same class using a public fast-charging pile; Charging at home costs $16 or less. "It's cheaper at night," said one Denver resident. "A full charge costs $2.60. Now that oil prices are soaring, does that sound like an attractive price?"
At the same time, America's charging infrastructure is rapidly improving. In February 2022, Joe biden, the government announced a plan to allocated nearly $5 billion over five years to build thousands of electric vehicle charging station, in government documents also pointed out that the states should priority investment in interstate, interstate highways should be equipped with 50 miles each interval charging infrastructure, at the same time charging pile distance should not be more than a mile from the public road, States should strive to build DC charging piles, and each charging station should have at least four charging piles that can simultaneously charge four electric vehicles, with the federal government covering 80% of the charging infrastructure costs. And on May 13, the U.S. Department of Transportation will release national standards for electric vehicle charging posts to ensure that every installed charging post is functional.
The US government may need more than 100,000 charging posts to support the promotion of electric vehicles, according to a recent report by foreign media. As of March, the federal agency had about 1,100 charging posts, which is a huge gap. Under Biden's executive order, light-duty vehicles purchased by the government will be "zero-emission" by 2027. The U.S. government typically buys about 50,000 vehicles a year and would need to build a large number of charging piles to support the program.
To this end, the commission announced fit for 55 environmental emissions package, the European commission requires each member to speed up infrastructure construction, new energy cars require each member to ensure that the main roads every 60 km 1 electric vehicle charging station, according to ernst & young and European electricity industry trade association of the joint report, in 2035, Europe will have 130 million electric vehicles on the road, and EY estimates that infrastructure expansion will cost about $62 billion over the next dozen years, with another $72 billion needed to install 56 million charging points for homes.
Some 445,000 public charging posts have been installed across Europe in the last decade, according to the agency's latest statistics. To meet demand in the future, Europe will need to install half a million public charging posts a year by 2030 and a million a year after that.
The EU has become the world's second-largest market for new energy vehicles, after China, as European governments introduce stronger incentives and car companies roll out more electric vehicles to attract consumers. After a huge increase in the number of electric vehicles, automakers are worried about a shortage of charging posts, especially as Volkswagen, BMW and Volvo are all accelerating their transition to electric vehicles.
Across the continent in the UK, the transport secretary said: "I'm delighted with BP's transition to clean energy. We will accelerate our goal of net zero emissions and increase green jobs across the UK." Bp said last month it planned to halve carbon emissions from its operations by 2030, compared with a previous target of a 30% to 35% reduction; The company aims to accelerate its goal of net zero emissions by 2050. British oil company BP said it plans to invest 1 billion pounds ($1.32 billion) in Britain over the next decade to build electric vehicle charging infrastructure to meet the country's growing demand for green energy.
Neighboring Ireland has also said it needs 100,000 fast-charging points for electric vehicles over the next eight years to meet the government's carbon emissions plan. Huge investments in incentives and charging infrastructure will be needed if the Irish government hopes to reach its target of nearly 1m electric vehicles on the road by 2030. With just 1,900 charging posts installed at 800 locations across the island, and 47,000 electric vehicles on the road, there's plenty of room for growth.
From the perspective of the sales market of new energy vehicles in the United States, a total of 59,554 new energy vehicles were sold in the American market in February 2022, with a year-on-year growth of 68.9%, and the penetration rate of new energy vehicles was 5.66%. In the previous two months, 112,829 vehicles had been sold in the United States. In the US, electric cars are also gaining traction with consumers, with one in four Americans saying they are "somewhat likely" to choose an electric vehicle in their next car purchase, according to the Pew Research Centre.
On the other hand, as oil prices rise, more people start to buy new energy cars. On March 7, the average price of gasoline in the U.S. rose to $4.10 a gallon, making it more than $55 to fill up a midsize car. It costs between $20 and $45 to fully charge an electric vehicle of the same class using a public fast-charging pile; Charging at home costs $16 or less. "It's cheaper at night," said one Denver resident. "A full charge costs $2.60. Now that oil prices are soaring, does that sound like an attractive price?"
At the same time, America's charging infrastructure is rapidly improving. In February 2022, Joe biden, the government announced a plan to allocated nearly $5 billion over five years to build thousands of electric vehicle charging station, in government documents also pointed out that the states should priority investment in interstate, interstate highways should be equipped with 50 miles each interval charging infrastructure, at the same time charging pile distance should not be more than a mile from the public road, States should strive to build DC charging piles, and each charging station should have at least four charging piles that can simultaneously charge four electric vehicles, with the federal government covering 80% of the charging infrastructure costs. And on May 13, the U.S. Department of Transportation will release national standards for electric vehicle charging posts to ensure that every installed charging post is functional.
The US government may need more than 100,000 charging posts to support the promotion of electric vehicles, according to a recent report by foreign media. As of March, the federal agency had about 1,100 charging posts, which is a huge gap. Under Biden's executive order, light-duty vehicles purchased by the government will be "zero-emission" by 2027. The U.S. government typically buys about 50,000 vehicles a year and would need to build a large number of charging piles to support the program.
