Wednesday, November 30, 2022
News Electric Vehicles Sales Could Jump 50% in 2021

Electric Vehicles Sales Could Jump 50% in 2021

While ICE vehicles sales are also expected to grow in 2021, the real growth will happen for EVs

  • These numbers are for projected global sales.

  • Calendar year 2021 will see the introduction of many new EVs worldwide.

These predictions are, well, predictable. Nearly all manufacturers have introduced, if not production EVs, concepts or prototypes of their EVs in the last year or two. Some are the road while many more will be added in 2021.

Chat surrounding EVs has grown in intensity over the last two years with many giant automakers making announcements about their future EV plans. Volkswagen, General Motors and Hyundai have all outlined lofty goals and they seem to be well on their way to delivering many new EVs.

Obviously, we cannot say the letters “EV” without mentioning Tesla, and rightly so. Tesla has put in motion its projects for China, Europe, and the US and there’s little doubt that they will have much to share in 2021.

All of this buzz and these constant stories about EVs are feeding the interest for electric vehicles. Market Watch’s report, written up using a Morgan Stanley analyst’s view, points out what is nearly obvious. One particularly interesting race will involve electric pickups.

Volkswagen ID.4 | Photo: Volkswagen

“The year 2021 “is shaping up to be a critical year for EV adoption and (internal combustion engine) de-adoption that will dictate the pace of multiple expansion, contraction, consolidation and proliferation” among the stocks, Morgan Stanley analyst Adam Jonas said in the note.”

We’re no Morgan Stanley but we’re willing to predict that 2022 will probably generate similar growth numbers. Possibly even in 2023.

Trending Now

The degradation of batteries is concerning in the UK

When the battery capacity reaches 80 %, its life cycle is near its useful cycle. Battery degradation varies from car models. EV owners...

Mercedes-Benz Extra Power Subscription Won’t be Offered in Europe: Report

Report cites legal issues behind move Subscription power boost to cost $1,200/year Mercedes-Benz USA is getting ready to let you add power to your...

BMW 3.0 CSL Celebrates 50 Years of M With a Carbon Body and 554 HP

Hand-made carbon fiber highlights CSL Just 50 of these super-Ms will be built BMW has just launched the most hardcore offering in its celebration...

Volkswagen May Team Up with Foxconn to Build Scout Vehicles

Taiwanese Foxconn is currently building the Lordstown Endurance pickup. Volkswagen announced the return of the Scout brand last May. Volkswagen is actively shopping for...

Ford and Lincoln will be Absent from Every Canadian Car Show in 2023

The automaker mentions the fast pace of changes in the automotive industry to justify its decision. Car shows have been declining in popularity...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.