"Near-Term Outlook to 2025"

The outlook for EV adoption is getting much brighter,due to a combination of more policy support,,further improvements in battery density & cost more charging infrastructure being built.

passengers EV sales are set to increase sharply in the next years,rising from 3.1 million in 2020 14 million in 2025.

1.) Globally, it represent around around 16% of passenger vehicle sales in 2025,but few countries grab much higher contribution,in Germany,for instance EV represent nearly 40% of total sales by 2025,however China,the world's largest auto market-hits 25%.

2.) China & Europe continue to be chief EV markets out to 2025,

3.) Buy 2025,the global auto market is already very fragmented,with electrification running far ahead in China Europe & other some smaller markets

4.) The overall vehicle sales from the Covid-19 pandemic & faster EV adoption means that combustion vehicle sales in the passenger segment have almost certainly passed their peak--in 2017-- & now are permanent decline.There are currently 12 million passenger EV on the road,representing 1% global fleet. This rises to 54 million by 2025.

5.) let see in other segments of road transport are already much further along on EV adoption.Some 44% of global two & three wheeler sales & 25 % of the existing fleet are already electric. China accounts for the bulk of two-wheeler electrification to date.but sales are growing rapidly in markets as Taiwan,Vietnam & India.

6.) There are currently almost 600,000 e-buses on the road globally,representing 39% of new sales & 16% of global fleet.Buses & two & three-wheeler are the biggest near--term opportunity for electrification in emerging economies.

7.) Adoption of EV in the commercial van & truck market is further behind,but is picking up speed.

8.) Electrification is also making in roads into heavier vehicles.in urban duty cycles,battery electric trucks of any size become the cheapest option for several use cases in the 2020.

9.) Heavy duty electric trucks are already economically attractive in urban duty cycles by the mid 2020.Megawatt scale charging stations established

10.) By 2025,shared mobility's share of annual passenger vehicle kilometres traveled globally exceeds 6% for the first time.