Commodity Inside

  • Login
  • MY CART
    No products in cart.
  • Home
  • Reports & Data
    • Commodities
      • Steel Market
      • Raw Materials and Base Metals
      • Glass and Plastics Market
      • Energy Market
    • End Users
      • Automotive Market
      • Construction Market
      • Electronics Market
      • Packaging Market
  • Consulting
    • Coverage
      • Our Expertise
      • Sample Works
    • Engagement
      • Our Approach
      • Research Methodology
  • Knowledge
    • Market Insight
    • World Gold Mines Database
    • COVID-19 Impact on the Steel Industry
  • About
    • About Us
    • Contact Us
  • Home
  • Market Insight
  • Automotive
  • The Global Electric Vehicle Market

The Global Electric Vehicle Market

by Commodity Inside / Sunday, 20 November 2016 / Published in Automotive

The global automotive industry has been on the verge of significant changes. The industry has already been targeted by high environmental standards and stiff regulations due to its substantial share of the global emissions. However, the changes the industry is currently passing through are beyond the scope of environment. Amongst others, the emergence of electric vehicles is set to reconstitute the whole automotive industry.
The impact from electric vehicle adoption has already started changing the automotive industry landscape. Presently, EVs account for merely 1% of global vehicle sales, though its share is anticipated to jump considerably over the next ten year. So far, financial incentives and stiffening regulations have supported EVs sales in North America, Europe and Asia. As sales have started tractions, almost all major car producers jumped on the bandwagon and announced their future EVs models.

Commodity Inside anticipates that EV charging infrastructure will also see a phenomenal growth over the coming years driven by both residential and commercial markets. Potential risks and opportunities will impact OEMs and raw materials suppliers. For instance, Lithium, which is an essential component in the EV rechargeable battery, has already benefited in terms of prices. Moreover, we are also expecting structural shifts in market shares of polymers, aluminium, steel, copper, glass etc in the EV market going forward.

Commodity Inside automotive analyst Sergej Gavrilov writes “There will be reductions in the car curb weight going forward despite installations of new hardware and features in the car, whereas Autonomous Driving Technologies (ADT) will account for the largest share of the total new additional weight. Most car producers plan to introduce fully autonomous vehicles by 2021 and start mass production by 2025.”

Tagged under: automotive, electric vehicles, metal

NEED HELP?

Legal

  • Terms and Conditions
  • Privacy Policy
  • GET SOCIAL

Commodity Inside Limited is registered at UK Companies House. ©2025 Commodity Inside Limited I All rights reserved.

Contact:

info@commodityinside.com
+44 (0) 208 123 7812

TOP
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
SettingsAccept
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT