By : Ameen Kadry – Wael Elgafry
Nearly 15 million electric cars (battery electric and plug-in hybrid) are expected to be shipped worldwide in 2023, according to the latest forecast by Gartner, Inc. Shipments of electric cars are estimated to increase 19% in 2024, to total 17.9 million units.
Gartner forecasts that shipments of all electric vehicles (EVs) - cars, buses, vans and heavy trucks - will total 18.5 million units in 2024, with electric car shipments will representing 97% of total EV shipments next year .
|
|
2022 Shipments |
2023 Shipments |
2024 Shipments |
|
Car |
11,128,805 |
14,975,296 |
17,855,428 |
|
Bus |
198,731 |
202,733 |
207,845 |
|
Van |
137,668 |
218,337 |
349,950 |
|
Heavy Truck |
22,595 |
30,162 |
39,349 |
|
Total |
11,487,798 |
15,426,529 |
18,452,573 |
Globally, battery electric vehicles (BEV) shipments are forecast to grow from 9 million units in 2022 to 11 million units by the end of 2023. Plug-in hybrid electric vehicles (PHEVs are expected to grow at a slightly slower rate, from 3 million units in 2022 to 4 million units in 2023.
“The proportion of PHEV, as a percentage of total EVs in countries like the U.S., Canada and Japan will slightly grow as consumers in those countries prefer PHEVs to BEVs. U.S. consumers who are transitioning from a pure internal combustion engine (ICE) car are choosing to adopt PHEVs over their BEV counterparts because PHEVs combine the ability to deliver emission free urban driving, with the convenience of gasoline powered propulsion for longer journeys,” said Jonathan Davenport, Sr Director Analyst at Gartner. “The situation is different in Western Europe, China and to a lesser extent India, where consumers favor BEV’s lower overall running costs, quieter driving experience and green credentials.”
