Paris, France – Automakers aren’t promising to build enough electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) to meet sales targets set by various countries, according to an updated Electric Vehicle Roadmap report from the International Energy Agency.
“Most major auto manufacturers have announced their EV and/or PHEV production plans, which add up to 0.9 million units by 2015 and about 1.4 million units per year by 2020,” said Lew Fulton, senior transport analyst at the IEA. “However, it is well below existing national sales targets of about 1.5 million in 2015 and seven million in 2020. This is not necessarily a problem yet, but we must track this situation closely over the next one to two years.”
The Roadmap is an update of a report from 2009 which included targets and strategies for realizing rapid growth in EVs and PHEVs around the world. If met, these would result in over 20 million EVs and PHEVs on the road worldwide by 2020, and over one billion by 2050.