'Bleak': Global EV sales to drop 43 per cent in 2020, forecast suggests

Michael Holder
clock • 4 min read

Coronavirus shutdown across key EV markets such as China, US and Europe will lead to major sales slowdown, Wood Mackenzie forecasts

The global economic downturn spurred by the coronavirus outbreak is set to hit the burgeoning electric vehicle market heavily in 2020, with latest forecasts pointing to plummeting sales in the wake of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

CCC raises alarm over changes to ZEV mandate

'World first': Hydrogen-powered digger deployed on new road project in Kent

More on Automotive

Study: EV affordability gap drops to 'all time low'
Automotive

Study: EV affordability gap drops to 'all time low'

Price difference for new electric and petrol cars dropped from 33 per cent last year to 19 per cent in September, according to new Autotrader analysis

Amber Rolt
clock 30 September 2025 • 2 min read
SMMT: UK electric car production up 40 per cent in August
Automotive

SMMT: UK electric car production up 40 per cent in August

Battery electric, plug-in hybrid, and hybrid vehicles accounted for almost half of all cars manufactured in the UK in August

Michael Holder
Michael Holder
clock 25 September 2025 • 2 min read
Study: EV drivers could save more than £168m in charging costs through smart tariffs
Automotive

Study: EV drivers could save more than £168m in charging costs through smart tariffs

Just over a quarter of the UK's EV drivers continue to charge during peak hours, adding hundreds of pounds a year to their energy bills

Stuart Stone
Stuart Stone
clock 24 September 2025 • 5 min read