Transport accounts for 18% of Global Greenhouse Gas Emissions (GHG). In 2015 the global electric car stock was still very low, at 0.1% or just over 1 million vehicles. According to the International Energy Agency’s 2016 Global EV Outlook, the Electric Vehicles Initiative (EVI) projects that EV stock will grow to around 20 million units by 2020, which will still be only 1.7% of the global vehicle fleet. As presented in the graph below, the top 13 countries in the EVI has already committed to around 13 million units. In a recent report, theWorld Energy Council
called for EV’s to be 16% of the global fleet by 2020 if we wanted to achieve GHG emission targets. Various countries are considering going completely electric by 2025.
Not just EV’s will benefit from this forecasted growth but also Electric Vehicle Supply Equipment (EVSE) such as charging stations will see huge investments. A recent report by the British company Nissan Moto GB forecasted that there would be more charging stations than filling stations in the UK by 2020. Other indications are that over $12Bln will be invested in the US charging network by 2020. With new markets such as E-Mobility, autonomous driving, the internet of vehicles and in-vehicle services appearing we can expect disruption in most traditional business models. Based on auto strategies as summarised inwattev2buy most automakers has shifted strategy by 2016 and most will increase their NEV component to between 20% to 50% of their total model mix by 2025. Where dealerships are still reluctant now to sell electric vehicles, the global auto marketing machine will change, and the very same dealer will try and force an EV on you by the turn of the decade. All of this points to one big fact; there is an opportunity to invest in new companies in what for decades was a mature and fairly closed sector.
As part of our mission to promote new energy vehicles, wattEV2buy provides a platform here to invest in electric vehicles. It is not an endorsement of any the opportunities listed, neither do we offer any advice, just comments on the opportunity. If the opportunity appeals to you, feel free to get in touch with the investee through the address provided. It is important to note that the responsibility still lies with the investor and he should act with caution, and remember normal business principles still hold true.
If you are an investee looking to place your company or project here, please contact us to find out more.