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Projections for the global car parc distribution between 2020 and 2030, by powertrain

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Source

In cooperation with
Release date

September 2021

Region

Worldwide

Survey time period

2020

Supplementary notes

The source provides the following information on data used for the forecast: "Base-case scenario for parc of 4- to 7-year old vehicles across China, France, Germany, Italy, UK and U.S."

Citation formats

Projected distribution of the worldwide car parc by powertrain 2020-2030

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 13, 2021

Internal combustion engines are forecasted to remain the leading powertrain worldwide through 2030, accounting for **** percent of the car park in 2030. However, ICE's market share dropped by a compound annual growth rate of *** percent between 2020 and 2030. Battery-electric vehicles are projected to be the second leading segment, growing to hold over ** percent of the market in 2030.

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