Global EV sales hit 4 million, soaring market sees next...

Free 1 week trial

Project News Details

Title	Global EV sales hit 4 million, soaring market sees next million in May 2019
You can sign up and unlock it for free Access to Public and Private Sector Business Opportunities for 200+ Countries Subscribe now Already a member? Sign in now!
Detail	While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Construction Energy-Power and Electrical Marine
Published Date	30.08.2018
Original Url	Original Url
Share

Title
Global EV sales hit 4 million, soaring market sees next million in May 2019
Detail
While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Construction Energy-Power and Electrical Marine
Published Date
30.08.2018
Original Url
Original Url
Share