'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

More on Automotive

Royal Mail revs up micro electric vehicle fleet

Royal Mail revs up micro electric vehicle fleet

Company debuts new fleet of over 100 mini EVs that promise to slash carbon emissions by over 240 tonnes a year

James Murray
clock 14 November 2025 • 2 min read
 BMW teams up with Kaluza to offer vehicle-to-grid smart charging for EVs

BMW teams up with Kaluza to offer vehicle-to-grid smart charging for EVs

Partnership offers drivers access to fully automated, intelligent EV charging systems that access the cheapest and cleanest electricity available

clock 12 November 2025 • 1 min read
SMMT: Used electric car market grows 44 per cent

SMMT: Used electric car market grows 44 per cent

But trade body warns proposed cuts to employee car ownerships schemes could 'stifle' supply of good quality used electric cars

clock 10 November 2025 • 3 min read