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Global EV car sales surge 63% in 2018

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Global sales of passenger car electric vehicles (EVs) jumped by 63% last year to top 2 million units for the first time, helped by surging sales of plug-in EVs in the US, according to data provided by EV-Volumes.

A total of 2.08 million plug-in EVs were delivered to customers in 2018, or 2.2% of total car sales, EV-volumes data shows. Of the total, 1.45 million were pure electric EVs and the rest were plug-in hybrid models, it said.

While China continued to dominate the outright number of EV sales last year, in the US Tesla’s new Model-3 became the world’s best-selling EV of all time, boosting total US EV sales by 81% year-on-year, the data shows.

China remains the engine of growth for passenger EVs, and thus the location of most displaced oil demand. EV sales in China rose 76% on the year in 2018, to make up just over half of global EV total, with 1.17 million vehicles sold.

In November, the International Energy Agency raised its estimate for the number of electric cars on the roads in 2040, predicting that the expected 300 million EVs on the roads globally in 2040 will displace 3.3 million b/d of oil demand growth.

S&P Global Platts Analytics forecasts that plug-in EVs, including plug-in hybrids, will account for nearly half of global auto sales by 2040, displacing some oil demand as a transport fuel and expanding the role of the electricity sector.

NORWAY LEADING EV CHARGE

Despite surging EV sales, the combined market share of plug-in EVs still remains a fraction of the global passenger vehicle market, the EV-Volumes figures show.

At the end of 2018, some 5.3 million plug-in EVs were on the road making up just 0.5% of world’s total light vehicle fleet, according to EV-Volumes.

Norway continues to enjoy the highest EV penetration level by far with more than 40% of light vehicle sales last year. Iceland, Sweden, and the Netherlands follow with EV sales penetration rates of 17.1%, 7.2% and 5.2% respectively, the data shows. Regionally, plug-in vehicle sales in Europe reached 408,000 units in 2018, 33 % higher than in 2017.

A number of oil market watchers believe the uptake of EV will outpace many of the more established estimates from forecasters such as the IEA.

Bank of America Merrill Lynch believes global oil demand growth will peak by 2030 due largely to the proliferation of EVs. Bloomberg New Energy Finance expects cost parity between EVs and conventional cars could be reached around 2025, spurring sales further.

As a result, the world’s switch from internal combustion engines to EVs will displace 7.3 million b/d of transport fuel by 2040, according to BNEF’s latest annual outlook.

Critics of bullish EV sales forecast, however, point to their current dependence on government subsidies in a number of key markets, production constraints for key battery minerals such as cobalt and the limitations of transmission and distribution grids to cope with increases in electricity demand.

sp global



213 Comments on "Global EV car sales surge 63% in 2018"

  1. Davy on Sat, 9th Feb 2019 1:24 pm 

    “a flame weeder, and volunteers to keep the weeds under control.”

    Juan, you are a weed and you need to be flamed out of his country you ugly illegal alien (weed). Go back to your failed South America.

  2. Davy on Sat, 9th Feb 2019 1:32 pm 

    “Who again is triggered and obsessed?”

    Clogged we know you enable and support your little South American closet Nazi. He kisses your ass occasionally and you love his rabid anti-American Shit. I am not triggered and obsessed dumbass. He is the one who stalks and pricks me daily. This has been going on daily since July and you of all people should comment on this because you routinely whine about the noise JuanP makes. If he is going to attack me, steal my identity, and use sock puppets against me he is going to get it back 1 for one. That is called self-defense. With the amount of shit he throws at me there is no ignoring him. If he wants to ignore me nothing more is said. Dirty Juan is so triggered and obsessed he can’t imagine his life without a focus for his depressive anger. I call it victory and the same can be said about you who I neuter daily. You are both ugly extremist assholes.

  3. Davy is Triggered on Sat, 9th Feb 2019 1:53 pm 

    LOL!

  4. JuanP is triggered LOL on Sat, 9th Feb 2019 2:00 pm 

    LOL!

  5. I AM THE MOB on Sat, 9th Feb 2019 2:11 pm 

    Donald Trump Jr. ‘Expects to Be Indicted’ and is in ‘More Immediate Jeopardy’ than Jared Kushner

    https://www.newsweek.com/donald-trump-jr-expects-be-indicted-and-more-immediate-jeopardy-jared-kushner-1325227

    He’ll turn into someone bitch so fast..Without his Daddy to protect him..I hope he get raped every night and his asshole bleeds!

    LOL

  6. Cloggie on Sat, 9th Feb 2019 2:53 pm 

    He’ll turn into someone bitch so fast..Without his Daddy to protect him..I hope he get raped every night and his asshole bleeds!
    LOL

    The American left for you, in its full deprevity.

    If you look for an example of a full-blooded massmurdering bolshevik, look no further.

    Note that apart from mak and me, nobody attacks this psychopath.

  7. Cloggie on Sat, 9th Feb 2019 2:58 pm 

    In America it is crime to talk to Russians.
    The American left is collectively mad.

  8. Davy on Sat, 9th Feb 2019 3:03 pm 

    Bullshit, clogged, I attack him routinely. He avoids me because I clean his clock. You are so fraudulent. Your comments are completely agenda serving.

  9. More Delusional Davy Bullshit on Sat, 9th Feb 2019 3:07 pm 

    Davy on Sat, 9th Feb 2019 3:03 pm

  10. Duncan Idaho on Sat, 9th Feb 2019 3:08 pm 

    He’ll turn into someone bitch so fast..Without his Daddy to protect him..I hope he get raped every night and his asshole bleeds!

    Like Nero or Caligula, Trump is an intellectually deficient leader of a collapsing Empire .
    Declining empires don’t seem to produce adequate leaders.

  11. Cloggie on Sat, 9th Feb 2019 3:22 pm 

    Bad news for empire dave, who always loves to make fun of PBM, Paris-Berlin-Moscow, my prefered geopolitical constellation, with which we can liberate those European Americans, who want to be liberated.

    America-friendly source:

    https://www.atlantik-bruecke.org/vertrauen-in-der-krise/

    English explanation:

    https://www.rt.com/news/451069-germans-see-relations-us-negative/

    I’m fluent in both English and German and can confirm the Russian summary is correct.

    Germans have extremely negative views regarding the US (85%), China and Russia are not seen as a threat. Geman prefers Eurasia over America.

    PBM is coming.

  12. Davy on Sat, 9th Feb 2019 3:44 pm 

    More PBM masterbation from the clogged. Just like young boys like anon fantasize about females the old man clogged fantasizes about grand empires. He can’t get over the ass kicking the Dutch took both ways in WWII. Lol

  13. Cloggie on Sat, 9th Feb 2019 3:57 pm 

    “He can’t get over the ass kicking the Dutch took both ways in WWII. Lol”

    Dropping the fake “liberation” narrative, are we?

    You do realize that it is now YOUR ass that is going to be kicked. You are not only going to lose your empire, you are going to lose your country as well, that is going to fall apart in God knows how many parts.

    Now you prepper, go to your hut and find out how “hands up” sounds in French, German, Russian and Chinese.

  14. Davy on Sat, 9th Feb 2019 4:13 pm 

    “The Zombification Of America Accelerates – 45% Of Teens Are Online “Almost Constantly””
    https://tinyurl.com/y6ch3skb

    “Fully 95% of teens have access to a smartphone, and 45% say they are online ‘almost constantly’, according to the latest Pew Research Center poll, increasing concerns, about what The Atlantic’s Jean Twenge calls the most crucial question of our age… “have smartphones destroyed a generation?””

    “If you were going to give advice for a happy adolescence it would be straightforward: Put down the phone, turn off the laptop, and do something—anything—that does not involve a screen.”

    “The correlations between depression and smartphone use are strong enough to suggest that more parents should be telling their kids to put down their phone. “

  15. I AM THE MOB on Sat, 9th Feb 2019 4:19 pm 

    Davy

    The only thing you clean is horse shit all day..You are a low brow uneducated moron..

    Not even worth my time..You are irrational and stubborn..

  16. I AM THE MOB on Sat, 9th Feb 2019 4:20 pm 

    Davy

    Enough with the hyper bole and sensationalism..Your just jealous that you have no social life so you attack others..You are on the paranoid fringe..Just like Clogg..Another old washed up geezer..

  17. triggered juan identity theft on Sat, 9th Feb 2019 4:23 pm 

    Davy on Sat, 9th Feb 2019 4:13 pm

  18. I AM THE MOB on Sat, 9th Feb 2019 4:24 pm 

    CLogg

    I hope Don Jr gets raped by the biggest blackest dude in the joint..He is going to have to walk around with tissue stuffed in his ass to stop the bleeding..

    LOL

  19. juanp noise on Sat, 9th Feb 2019 4:25 pm 

    Davy said “The Zombification Of America Accelerates &#…
    Davy said “35 Mind-Blowing Facts About America That Pr…
    Davy said “The U.S. Faces A Catastrophic Food Supply C…
    Davy said “Venezuela: America’s 68th Regime-Chan…

  20. Davy on Sat, 9th Feb 2019 4:27 pm 

    MOB, go play with yourself or mouth your toy gun to get ready for your fantasy rapture.

  21. Davy on Sat, 9th Feb 2019 4:28 pm 

    I do so have a social life dumbass.

    AntiUS is my friend.

  22. Davy on Sat, 9th Feb 2019 4:34 pm 

    When triggered juan gets his clock cleaned he does identity theft. WTF can a low IQ person like juanP do besides be dirty. He is unable to debate on topic issues. I can’t figure out why his whore for a wife stays with him. It might be the case she is already gone and that is part of the reason juan is so triggered.

  23. triggered juanp identity theft on Sat, 9th Feb 2019 4:36 pm 

    Davy said When triggered juan gets his clock cleaned he does…
    Davy said “The Zombification Of America Accelerates &#…
    Davy said “35 Mind-Blowing Facts About America That Pr…
    Davy said “The U.S. Faces A Catastrophic Food Supply C…
    Davy said “Venezuela: America’s 68th Regime-Chan…

  24. Davy on Sat, 9th Feb 2019 4:38 pm 

    “The correlations between depression and smartphone use are strong enough to suggest that more parents should be telling their kids to put down their phone.”

    All this time I figured I was depressed cause nobody likes me. Maybe I’d feel better if I got rid of this stupid phone?

  25. triggered juanp identity theft on Sat, 9th Feb 2019 4:45 pm 

    Davy said “The correlations between depression and smartphon…
    Davy said I do so have a social life dumbass. AntiUS is my f…
    Davy said “The Zombification Of America Accelerates &#…
    Davy said “35 Mind-Blowing Facts About America That Pr…
    Davy said “The U.S. Faces A Catastrophic Food Supply C…
    Davy said “Venezuela: America’s 68th Regime-Chan…

  26. Davy on Sat, 9th Feb 2019 4:47 pm 

    dirty juan, your boyfriends anon and makato will be on soon then you can have a 3sum.

  27. dirty juan on Sat, 9th Feb 2019 4:57 pm 

    The more the merrier.

    LMFAO!

  28. I AM THE MOB on Sat, 9th Feb 2019 5:09 pm 

    ‘You have to call them out,’ Madeleine Albright in Ann Arbor talk on fascism

    https://www.mlive.com/news/ann-arbor/2019/02/you-have-to-call-them-out-madeleine-albright-in-ann-arbor-talk-on-fascism.html

  29. Cloggie on Sat, 9th Feb 2019 5:20 pm 

    Madeleine Albright in Ann Arbor talk on fascism

    https://www.youtube.com/watch?v=RM0uvgHKZe8

    Albright, an outright monster.

    The invasion of Iraq, enabled by the 9/11 inside job, that Albright’s tribe organized, had no other intent than to add Iraq to the US empire, just like KSA.

    And it failed majestically. ROFL

    Even kike-central NYT admits it:

    https://www.nytimes.com/2017/07/15/world/middleeast/iran-iraq-iranian-power.html

    “Iran Dominates in Iraq After U.S. ‘Handed the Country Over’”

    Hahahahahaha.

    And now they did the same to Syria.

    Hahahahahaha.

    Putin rules!!!!

  30. JuanP on Sat, 9th Feb 2019 5:46 pm 

    Delusional Davy “I am not triggered and obsessed dumbass. He is the one who stalks and pricks me daily.”

    You are projecting again, Davy! Mother fucking gods, you are hilarious!

  31. Davy on Sat, 9th Feb 2019 5:51 pm 

    Sure you are trigger nut. All you do is stalk and prick me obsessively like a lunatic. Spend some time with your whore wife why don’t you. Go pull some weeds with boney joe. Get off here you are ruining the forum.

  32. JuanP on Sat, 9th Feb 2019 5:54 pm 

    Delusional Davy “Juan, you are a weed and you need to be flamed out of his country you ugly illegal alien (weed). Go back to your failed South America.”

    More lies from the board’s bully. I am a law abiding legal permanent resident alien (green card holder). I am not a weed; I am a human being (even a stupid asshole like you should be able to get this right).

    South America is not a failed continent. It actually has the best relation of resources, climate, and population of any continent in the world. There is only one failed nation in all of South America, Venezuela, and the USA is more responsible for that than any other party. Even Europe has Ukraine and North America has the USA, both failed nations.

  33. I AM THE MOB on Sat, 9th Feb 2019 6:04 pm 

    CLogg

    We didn’t want the country..All we wanted was the oil..And Iraq has tripled their production and at a current record high…

    You dumbass..

    Hey when your region is running out of oil we will be your masters!

    LOL

  34. JuanP on Sat, 9th Feb 2019 6:06 pm 

    Delusional Davy “If he is going to attack me, steal my identity, and use sock puppets against me he is going to get it back 1 for one. That is called self-defense. With the amount of shit he throws at me there is no ignoring him. If he wants to ignore me nothing more is said.”

    I am going to attack you, Davy. It will be an eye for an eye and a tooth for a tooth until we are both blind and toothless. I hope you can pay the dentist! LOL! I have never used a sock puppet or stolen an identity, you are the one that does that daily, and have admitted to it on multiple occasions. What you do is not self defense, Davy, it is bullying, and you have been doing it for years since long before I started paying you back. I am not going to attack you until you stop attacking others back; since you are psychologically incapable of doing that I expect this to last indefinitely. I am having fun fucking with you, but I would prefer to enjoy peace here, so if you stop bullying others, I promise you that I will do the same. But, you started this over five years ago and it might take some time for me to be convinced that you have actually changed your behavior make your bed and lie on it! ROFLMFAO!

  35. JuanP on Sat, 9th Feb 2019 6:10 pm 

    Cloggie “You do realize that it is now YOUR ass that is going to be kicked. You are not only going to lose your empire, you are going to lose your country as well, that is going to fall apart in God knows how many parts.”

    A perfect description of the predicament the USA is facing. I agree 100%. Sad, but true!

  36. Cloggie on Sat, 9th Feb 2019 6:14 pm 

    “We didn’t want the country..All we wanted was the oil..And Iraq has tripled their production and at a current record high…”

    Your fellow kike-with-holes-in-his-socks, Paul Wolfowitz, claimed that the entire Iraq safari would be paid for with Iraqi oil.

    Nothing of the sort happened, you had to pay the tull wax for the operation, 3-6 trillion €, depending on who you ask.

    http://veteransforcommonsense.org/2018/02/21/new-analysis-by-brown-university-iraq-war-cost-5-6-trillion/

    You wanted only the oil? Liar, you wanted the oil sources.

    Sure you have the oil… against world market prices.lol

  37. JuanP on Sat, 9th Feb 2019 6:19 pm 

    Cloggie ” https://www.rt.com/news/451069-germans-see-relations-us-negative/
    I’m fluent in both English and German and can confirm the Russian summary is correct.”

    How dare you challenge Davy’s views, Cloggie! He said very clearly yesterday that NOBODY likes Russia! NOBODY! OK? And, that means, literally, not even one person in the world, not even the Russians! You know that if you post any truths that contradict Davy’s delusions you will get neutered and moderated, so don’t complain! LOL! The truth and reality are not important, only Davy’s delusions are accepted on this board! ROFLMFAO!

  38. JuanP on Sat, 9th Feb 2019 6:24 pm 

    Delusional Davy “MOB, go play with yourself or mouth your toy gun …”

    Davy, MOB has never mentioned mouthing any toys. He has talked a lot about rapes and anal sex, but never said a word about mouthing toys! Are you projecting here, Davy? Not again! ROFLMFAO!

  39. PeterEV on Sat, 9th Feb 2019 6:28 pm 

    Hello Makati1,

    “EVs are for people who never have to go anywhere. Who live in places that do not get too hot or too cold. That has recharging locations. (Few) In other words, a techie toy for those with money to waste. ICE will be here until there is no oil to burn.”

    **I have it on good authority that if you sail west far enough, you will fall off the end of the earth.**

    Too few charging locations???? Have you tuned into Plugshare.com lately? Do you not realize that most EV drivers recharge from home? or at work? Over the past year, I drew only 30 kwhrs from public charging stations. That’s about $3.00 worth of electricity; that’s hardly significant but enough to add 120 miles of range.

    Most of us have to travel to find food, clothing, fuel, etc. EVs are a possible solution in a time when fuel may become more expensive.

    how do you make inexpensive batteries with high energy densities? To say it can’t happen is just as crazy to say it will definitely happen. The best way is to ask what do we need, how do we get there? Some ideas pan out and many don’t but to say that **blank** will happen is like saying that it will rain on Tuesday a year from now.

    You may want to start asking questions, **even if you know the answer**. The internet can be a great place for gaining insight or it can degenerate into frustrating shouting matches to links nobody is interested in because you don’t like the person’s position. Your pick.

    For instance, Exxon Mobil has a graph depicting the cresting of world crude oil supply at around the year 2040. Is this because the remaining oil, in the form of tar sands, shale oil and oil shale will be too expensive to extract process and ship? Will it be that EVs take hold due to low battery pack costs with higher energy densities and high efficiency solar causing less oil needed to supply the remaining ICE market?

    Lot of opportunity to ask meaningful questions.

  40. JuanP on Sat, 9th Feb 2019 6:28 pm 

    Delusional Davy “When triggered juan gets his clock cleaned he does identity theft.”

    No, I don’t! I have never engaged in identity theft, not even once! You are lying, bullying, and projecting again! The three things that seem to take up most of your life. You are a pathetic loser, Davy!

  41. JuanP on Sat, 9th Feb 2019 6:34 pm 

    Delusional Davy “I can’t figure out why his whore for a wife stays with him.”

    I can see how being loved by someone for 30 years would be hard to understand because not even tour parents or your children could possibly love you for that long. If you were a better person, you would be able to figure it out because you would have experienced it, too. Do the twins still love? Assuming they’re real! LOL!

  42. JuanP on Sat, 9th Feb 2019 6:40 pm 

    Delusional Davy “It might be the case she is already gone and that is part of the reason juan is so triggered.”

    You are projecting again, Davy! You are the one who is thoroughly unlovable and has absolutely no redeeming qualities. I have many flaws, but even more redeeming qualities, and I am quite easy to like and love for normal people. Most people consider themselves very lucky to have met me. Only assholes like you dislike me because I give you hell, but I have met less than ten people like you in my 50 years.

  43. Give it a rest narcissist on Sat, 9th Feb 2019 6:44 pm 

    JuanP said Delusional Davy “It might be the case she is…
    JuanP said Delusional Davy “I can’t figure out why his…
    JuanP said Delusional Davy “When triggered juan gets hi…
    JuanP said Delusional Davy “MOB, go play with yourself…
    JuanP said Cloggie ” https://www.rt.com/news/451069-ger
    JuanP said Cloggie “You do realize that it is now YOUR…
    JuanP said Delusional Davy “If he is going to attack me…
    JuanP said Delusional Davy “Juan, you are a weed and yo…

  44. makati1 on Sat, 9th Feb 2019 6:45 pm 

    PeterEV, you are living in a techie dreamland. Do you take into consideration that the next financial collapse (coming soon) is going to end your dreams? Apparently not. There will be no bright future provided by tech. It will be a future of survival, not luxury. Tech is luxury, not necessity.

    Like all of the techie articles, you use a lot of words like: if, maybe, possibly, etc. Nothing definite. I use words that are definite. The future is definitely not anywhere near the one you dream of. Not even close. Enjoy what you have now, for it is going to disappear in your lifetime. Probably in the next few years.

  45. JuanP on Sat, 9th Feb 2019 6:53 pm 

    Delusional Davy “Spend some time with your whore wife why don’t you. Go pull some weeds with boney joe. Get off here you are ruining the forum.”

    I spend time with my wife every single day. If you could be so lucky to have a wonderful woman like her to love and be loved by!

    I have never met Boney Joe. You are the one that keeps claiming that he is my gay boyfriend. Are you projecting some repressed needs, and maybe wish he was your boyfriend? Not that you stand a chance! Boney Joe is a decent person and would never engage in any type of relationship with you; he knows better! He once mentioned he engaged in sex with another man once, and you have been on his case ever since. Your homophobia is another one of your character flaws, a really bad one, IMO. I admire Boney Joe for being able to expose himself to attack like that; it takes real courage to do that, not that you would understand that since you are a coward through and through. You are not 1% of the man he is, and will never be.

  46. makati1 on Sat, 9th Feb 2019 6:59 pm 

    JuanP, a sane, mature adult would not be on here doing what Davy does every waking minute. He would accept that there are differences of opinion. He would engage in serious, intelligent debate with references to back up his assertions. We all have a different view of the world and the future based on our location, education and experience.

    Davy cannot accept that. It has to be his way or no way. That is the exact attitude that the US has about the world and is why it will fail and be destroyed in the near future. Bullies, like the US, eventually meet their match and get the shit beat out of them.

    Hypocrite Davy just keeps getting his shit thrown back at him. Delusional Davy obviously is not a happily married man with a loving family or he would have no need for his actions here. Nor would any farmer I know have time to be online like he is. Pure bullshit from start to finish. That is Davy.

  47. JuanP on Sat, 9th Feb 2019 7:00 pm 

    Delusional Davy “Give it a rest narcissist”

    No, I won’t, unless you stop first! You are the narcissist, Davy! You are lying and projecting again! It sucks to be bullied and attack, doesn’t it, Exceptionalist! I already told you, if this is all too much for you, all you have to do is stop bullying everyone here and I will stop bullying you. Otherwise, I will continue to point out your delusions, lies, attacks, bullying, personality and character flaws, and mental disease symptoms on a regular basis. And, remember that I gave you many chances to back down before I said no more. You have noone but yourself to blame for this!

  48. JuanP on Sat, 9th Feb 2019 7:04 pm 

    Mak “JuanP, a sane, mature adult would not be on here doing what Davy does every waking minute. He would accept that there are differences of opinion. He would engage in serious, intelligent debate with references to back up his assertions. We all have a different view of the world and the future based on our location, education and experience.
    Davy cannot accept that. It has to be his way or no way. That is the exact attitude that the US has about the world and is why it will fail and be destroyed in the near future. Bullies, like the US, eventually meet their match and get the shit beat out of them.
    Hypocrite Davy just keeps getting his shit thrown back at him. Delusional Davy obviously is not a happily married man with a loving family or he would have no need for his actions here. Nor would any farmer I know have time to be online like he is. Pure bullshit from start to finish. That is Davy.”

    What a great comment, Mak! I could have written it myself. I agree 100%. Every single word you said is true. At least he is obviously not enjoying it anymore! LOL!

  49. makati1 on Sat, 9th Feb 2019 8:23 pm 

    JuanP, eventually it will reach breaking point and Davy will quit his bullying (I doubt that he can.) or he will ‘go postal’ and end it all one way or another.

    I propose the same will happen to the US. I can only hope it is a total breakdown internally for America and not a world war that will go nuclear. 50:50 odds at this point. Same for Davy.

  50. I AM THE MOB on Sat, 9th Feb 2019 8:36 pm 

    Federal Reserve chair calls income inequality the biggest challenge in next 10 years

    https://www.washingtonpost.com/business/2019/02/07/federal-reserve-chair-calls-income-inequality-americas-biggest-challenge-next-years/?noredirect=on

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