Electric Vehicles in Power - Strategic Intelligence
Description
Electric Vehicles in Power - Strategic Intelligence
Summary
The electric vehicle (EV) market is widely projected to have sustainable and substantial growth in the coming years, driven by strong government support, technological advancements, and increasing consumer demand for greener transport options.
The global battery electric vehicle (BEV) sales are expected to grow significantly in the coming years, driven by factors like increasing EV stock, global adoption trends, and strong demand. 2024 accounted for approximately 11.2 million BEV units sold. GlobalData figures show that battery electric vehicles accounted for 11.2% of all new light vehicle sales in 2024, up from 10.1% recorded in 2023.
The size of the global EV Charging Infrastructure market is estimated at 5.8 million units in 2025, recording a CAGR of 35.3% during 2020-25. Over the forecast period, the market is expected to register a CAGR of 13.6% to reach 11.0 million units by 2030.
Scope
The report provides -
Summary
The electric vehicle (EV) market is widely projected to have sustainable and substantial growth in the coming years, driven by strong government support, technological advancements, and increasing consumer demand for greener transport options.
The global battery electric vehicle (BEV) sales are expected to grow significantly in the coming years, driven by factors like increasing EV stock, global adoption trends, and strong demand. 2024 accounted for approximately 11.2 million BEV units sold. GlobalData figures show that battery electric vehicles accounted for 11.2% of all new light vehicle sales in 2024, up from 10.1% recorded in 2023.
The size of the global EV Charging Infrastructure market is estimated at 5.8 million units in 2025, recording a CAGR of 35.3% during 2020-25. Over the forecast period, the market is expected to register a CAGR of 13.6% to reach 11.0 million units by 2030.
Scope
- The report focuses on electric vehicles in power as a theme.
- It provides an industry analysis on how big the electric vehicles theme is and how fast it will grow in the coming years.
- The report provides EV market size and growth forecast.
- It provides an overview on the global EV charging infrastructure forecast.
- It covers patent trends and venture financing trends in power.
- The report provides an outlook on BEV and batteries.
- The report discusses the dynamics between electric vehicles and power grid.
- The report exemplifies the uses cases of EV charging infrastructure by power utilities.
- It provides an insight on M&A deals driven by electric vehicles theme, and a timeline highlighting milestones for EV.
- The report focus on the trends related to electric vehicles as a theme in power, technology, macroeconomic and regulatory trends.
- The report also includes an overview of competitive positions held by power utility companies adopting EV charging infrastructure.
The report provides -
- A comprehensive analysis on the EV growth and EV charging infrastructure market.
- The report gives an insight on the leading players in electric vehicles and where do they fit in the value chain.
- The report provides an overview on the leaders and laggards in the electric vehicles value chain.
- Technology briefing on electric vehicles and different types of xEVs in the market.
- A briefing on detailed analysis of electric vehicles value chain.
- Company profiles of leading adopters of EV charging infrastructure in power sector.
- An overview on the dynamics between the power grid and electric grid highlighting the importance of DSOs and V2G technology.
- A snapshot of power sector scorecard predicting the position of leading power companies in electric vehicles theme.
Table of Contents
88 Pages
- Executive Summary
- Players
- Technology Briefing
- Lithium-ion continues to dominate battery technology for BEVs
- Alternatives to lithium
- Solid-state
- Fuel cells
- Charging solutions
- Trends
- Power trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecast
- Global EV output surges amid rising demand
- Tesla remains a key BEV producer despite growth from legacy OEMs
- The dynamics of raw materials
- Competitive analysis
- BMW
- BYD
- Geely
- General Motors
- Great Wall Motors
- Hyundai
- Mercedez-Benz
- Stellantis
- Tesla
- Toyota
- Regional analysis
- Europe
- North America
- South America
- Asia Pacific
- Global EV charging infrastructure forecast
- Regional BEV and batteries outlook
- Dynamics between electric vehicles and the power grid
- The impact of EVs on the power grid
- DSO’s role in EV integration
- Vehicle-to-grid will power the future of energy
- Use cases
- Duke Energy’s fleet mobility microgrid
- E.ON’s ultra-rapid charging expansion
- ENGIE Vianeo’s smart EV charging stations
- EnBW battery swap station
- Iberdrola’s 5.6MW EV charging station
- SSE’s ultra-rapid EV charging hub
- Vattenfall’s Incharge
- Timeline
- Signals
- M&A trends
- Venture financing trends
- Patent trends
- Value Chain
- Batteries
- Battery raw materials
- Battery components
- Battery cells
- Semiconductors
- Auto components
- Electric drivetrains
- Tier-1 auto component suppliers
- Assembly
- Charging
- Companies
- Power companies
- Sector Scorecards
- Power sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- Report Authors
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Power trends
- Table 2: Technology trends
- Table 3: Macroeconomic trends
- Table 4: Regulatory trends
- Table 5: Vehicle-to-grid will power the future of energy
- Table 6: M&A trends
- Table 7: Power companies
- Table 8: Glossary
- Table 9: GlobalData reports
- Table 10: Report Authors:
- List of Figures
- Figure 1: Who are the leading players in the electric vehicle theme, and where do they sit in the value chain?
- Figure 2: The different types of xEVs on the market
- Figure 3: EV powertrains as a proportion of all new powertrains 2020–2032
- Figure 4: BEV sales share by largest OEMs 2024 vs 2030
- Figure 5: Lithium production by country 2015–2030
- Figure 6: BYD vs the largest OEMs xEV sales, 2024
- Figure 7: Regional BEV sales, 2024
- Figure 8: EV charging infrastructure forecast (million units), 2020 ‒ 2030
- Figure 9: Global light vehicle BEV production forecast, 2022 ‒ 2032
- Figure 10: Global BEV battery demand, 2022 ‒ 2032
- Figure 11: A commercial vehicle being charged
- Figure 12: EV charging station
- Figure 13: ENGIE Vianeo EV smart charging station
- Figure 14: A pictorial view of a battery swap station
- Figure 15: An EV being charged
- Figure 16: An EV at the charging station
- Figure 17: EV charging service
- Figure 18: The electric vehicles story
- Figure 19: Electric vehicle deal trends have been fluctuating
- Figure 20: Region-wise electric vehicle deals and related themes overview
- Figure 21: Patent activity in electric vehicles
- Figure 22: Electric vehicle activities will continue to increase in the power industry
- Figure 23: The electric vehicle value chain
- Figure 24: The electric vehicle value chain – batteries - Battery raw materials: leaders and disruptors
- Figure 25: The electric vehicle value chain – batteries - Battery components: leaders and disruptors
- Figure 26: The electric vehicle value chain – batteries - Battery cells: leaders and disruptors
- Figure 27: The electric vehicle value chain – semiconductors - Auto semiconductors: leaders and disruptors
- Figure 28: The electric vehicle value chain ‒ auto components - Electric drivetrains: leaders and disruptors
- Figure 29: The electric vehicle value chain ‒ auto components - Tier-1 auto components: leaders and disruptors
- Figure 30: The electric vehicle value chain ‒ assembly
- Figure 31: The electric vehicle value chain ‒ charging - EV charging stations: leaders and disruptors
- Figure 32: The electric vehicle value chain ‒ charging - EV charging equipment: leaders and disruptors
- Figure 33: Who does what in the power space?
- Figure 34: Thematic screen
- Figure 35: Valuation screen
- Figure 36: Risk screen
- Figure 37: Our approach to identifying the companies most likely to succeed in a sector over the next five years
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