Greater China and Western Europe are expected to lead in EV shipments in 2022
2022 is expected to see around 6 million units of electric four-wheelers being shipped globally, in contrast to the 4 million unit shipments in 2021, as per a new report by Gartner.
It forecasts that electric cars (battery electric and plug-in hybrid) will represent 95 percent of total EV shipments in 2022 and the remainder will be split between buses, vans and heavy trucks.
Greater China and Western Europe are expected to lead in EV shipments in 2022.
Gartner estimates that Greater China will account for 46 percent of global EV shipments in 2022 and will take the No. 1 position in shipments globally, shipping 2.9 million EVs in 2022.
Western Europe is on pace to ship 1.9 million units in 2022, ranking No. 2 in EV shipments. North America is expected to be the third highest region in shipments at 855.3 thousand EVs in 2022.
However, to foster the transition to EVs, automotive manufacturers will have to address several factors such as lowering the price of EVs and batteries, recycling EV batteries, offering a wider selection of vehicle models with more extensive driving range and improving charging infrastructure.
“Additionally, a major issue that must be addressed is lack of fast-charging availability for home and public charging,” said Jonathan Davenport, research director at Gartner.
“Utility providers will need to increase their investments in smart grid infrastructure to cope with the growing consumption of electricity. Additionally, to meet climate change ambitions, countries which utilize fossil fuels to generate electricity will need to redesign their power generation to respond to the transition.”