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The Evolution of ESG and the Rise of Electric Vehicles - GlobalData

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} </style> <div class="grid-container fluid reporting-headline bg-report-singular" data-stick='{"event":"level-to-pg-top","for":"reporting-headline-stick-to","class":["compact","stick"],"top":"pg-top"}'> <div class="grid-container" id="divexhausted"> <div class="grid-x grid-padding-y"> <div class="cell text-center"> <div class="pg-view" data-pg-view="4"></div> 4 page views left <a href="/account/register/">Get unlimited views with a free account</a> </div> </div> </div> </div> <div id="reporting-headline-stick-to"></div> </nav> <main> <div class="grid-container fluid"> <div class="grid-container"> <div class="grid-x grid-margin-x grid-padding-y"> <div class="cell"> <a class="button clear trim show-for-small hide-for-medium"> <i class="gd-ico gd-chevron-left color-border"></i> <span>Back to ESG</span> </a> <nav class="hide-for-small show-for-medium" aria-label="You are here:" role="navigation"> <ul class="breadcrumbs"> <li> <a href="/">Home</a> </li> <li> <a href="/esg/overview">ESG</a> </li> <li> <span class="show-for-sr">Current: </span>Electric Vehicles </li> </ul> </nav> <header class="header-action"> <header> <h1 class="decor-alpha">Electric Vehicles</h1> </header> <main> <p> An electric vehicle (EV) is a vehicle that is propelled (partly or entirely) by batteries rather than an internal combustion engine (ICE). There are three main types of electric vehicle: battery electric vehicles (BEVs) are fully electric vehicles; plug-in hybrid electric vehicles (PHEVs) are powered by both an ICE and an en electric motor; hybrid electric vehicles (HEVs) are powered by an ICE and an electric motor, but the battery is recharged by regenerative breaking rather than plug-in to an electriciy socket. Electric vehicles represent a major threat to the global automotive industry and are also vital if countries are to meet targets for reducing carbon pollution. </p> </main> </header> </div> </div> </div> </div> <div class="grid-container fluid shade"> <div class="grid-container"> <div class="grid-x grid-margin-y"> <div class="cell"> <header class="header-action"> <header> <h2>Related Reports</h2> <a class="button clear trim" href="https://store.globaldata.com/search?s=Electric Vehicles"> <span>View all</span><i class="gd-ico gd-chevron-right color-border"></i> </a> </header> </header> </div> <div class="cell"> <div class="grid-x grid-margin-x grid-margin-y"> <div class="cell"> <div class="card data bar breakout img-aspect_16_9 prominent letterbox-morph"> <header data-slice="4of12"> <section> <figure class="letterbox"> <img src="https://assets.globaldata.com/gdcom/assets/img/esg/ESG9800033.webp" alt=""> </figure> </section> </header> <main data-slice="8of12" class="stack"> <main> <section class="detail "> <a href="https://store.globaldata.com/report/ev-theme-analysis/">Electric Vehicles (EV) &#x2013; Thematic Research</a> </section> <section class="summary"> <p>Electric Vehicles (EVs) surpassed 3.1 million sales in 2020, with majority of demand derived from Europe. Europe represents more than 45% of the global electric car sales, followed by China and the US. Europe surpassed China in EV sales in 2020 with 1.4 million EVs sold. Globally, EV sales grew 40.9% YOY and accounted for 4% of car sales in 2020. 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