An estimated 84 million electric vehicles (EVs) are forecast to be travelling on streets in Europe by 2030.
That would be up from the current three million fully electric or plug-in hybrid cars and light commercial vehicles on the continent’s roads.
That’s according to a white paper by the research and consulting company Delta-EE, which suggests that 84 million EVs will still represent less than half of all the cars on the road by the end of the decade.
The analysis forecasts that internal combustion engine (ICE) cars and light commercial vehicles will still make up the majority of vehicles by that timeframe.
The authors of the report estimate plug-in cars and light commercial vehicles accounted for one-in-ten new vehicle registrations last year.
They predict 2026 will be the year that new plug-in vehicle sales will outnumber ICE sales for the first time and by the end of the decade, EV sales in Europe will be approaching a 90% annual market share.