Decarbonization - Global agreement at COP26 and its deployment to regions/OEMs
Electric Powertrain Market Forecast in Major Countries
2022/01/07
- Summary
- The Global Movement Toward Decarbonization - from the COP26 summit
- Zero Emission Vehicle - Treatment of automobiles
- Decarbonization policies and market forecasts by region and country
- Europe: Radical decarbonization goals, early and significant market share gains for BEVs
- U.S.: BEVs gain market share under Biden administration, emerging EV automakers enter the market
- China: Continued introduction of xEVs in line with new energy policy, increases in small EV mobility
- Japan: Continued development of HEVs and the introduction of BEVs for global sales
- South Korea: Benchmarking xEV trends for export, working with domestic battery manufacturers
- India: Two- and three-wheeler EVs ahead of the curve, but improving the power grid remains a challenge
Summary
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| 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)
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| 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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