Decarbonization - Global agreement at COP26 and its deployment to regions/OEMs

Electric Powertrain Market Forecast in Major Countries

2022/01/07

Summary

A view of the COP26 venue supported by the United Nations
A view of the COP26 venue supported by the United Nations
(Source: UNFCC; United Nations Framework Convention on Climate Change)

  This report summarizes current global decarbonization activities, summarized at the COP26 (26th meeting of the Conference of the Parties) summit in the UK (Glasgow) in November 2021. In addition, this report also lists the decarbonization policies independently declared by each country, local government, OEM, etc., and the timing of the discontinuation of internal combustion engine models, focusing on those that will have a large impact on automobile volumes.


  Global electrification trends have been analyzed by region in terms of sales, policy, and technology. Regarding sales, LMC Automotive's forecast to 2033 is attached, and future trends where the policies will actually have an effect are also discussed.

 

Forecast of the composition ratio of each powertrain in global passenger car sales

(LMC Automotive, July 2021)

Forecast of the composition ratio of each powertrain in global passenger car sales
PFCEV: Plug-in fuel cell electric vehicle PHEV: Plug-in hybrid electric vehicle
FCEV: Fuel cell electric vehicle FHEV: Full hybrid electric vehicle
EREV: Extended-range electric vehicle MHEV(48V): Mild hybrid electric vehicle (48V)
BEV: Battery electric vehicle MHEV: Mild hybrid electric vehicle
IC Only: Internal combustion only

Note: Unauthorized reproduction of this chart is prohibited. Permission from LMC Automotive is required for reprinting.


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