Global EV
Outlook 2023
Catching up with climate ambitionsINTERNATIONAL ENERGY
AGENCY
The IEA examines the IEA member IEA association
full spectrum countries: countries:
of energy issues
including oil, gas andAustralia Argentina
coal supply and AustriaBrazil
demand, renewable
BelgiumChina
energy technologies,
electricity markets, Canada Egypt
energy efficiency, Czech RepublicIndia
access to energy,DenmarkIndonesia
demand sideEstoniaMorocco
management and FinlandSingapore
much more. Through France South Africa
its work, the IEAGermanyThailand
advocates policies thatGreece Ukraine
will enhance theHungary
reliability, affordability Ireland
and sustainability of
Italy
energy in its
31 member countries, Japan
11 association countries Korea
and beyond.Lithuania
Luxembourg
Mexico
Netherlands
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Norway
Poland
Portugal
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Spain
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This publication and any United Kingdom
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without prejudice to the
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delimitation of international
frontiers and boundaries and
to the name of any territory,The European
city or area. Commission also
participates in the
work of the IEA
Source: IEA.
International Energy Agency
Website: ieaGlobal EV Outlook 2023Abstract
Catching up with climate ambitions
Abstract
The Global EV Outlook is an annual publication that identifies and discusses
recent developments in electric mobility across the globe. It is developed with the
support of the members of the Electric Vehicles Initiative (EVI).
Combining historical analysis with projections to 2030, the report examines key
areas of interest such as electric vehicle and charging infrastructure deployment,
battery demand, electricity consumption, oil displacement, greenhouse gas
emissions and related policy developments. The report includes analysis of
lessons learned from leading markets to inform policy makers and stakeholders
about policy frameworks and market systems for electric vehicle adoption.
This edition features analysis of the financial performance of EV-related
companies, venture capital investments in EV-related technologies, and trade of
electric vehicles. Finally, the report makes available two online tools: the Global
EV Data Explorer and Global EV Policy Explorer, which allow users to interactively
explore EV statistics and projections, and policy measures worldwide.
PAGE | 3IEA BY 4.0. Global EV Outlook 2023 Acknowledgements
Catching up with climate ambitions
Acknowledgements, contributors
and credits
The Global EV Outlook 2023 was prepared by the Energy Technology Policy
(ETP) Division of the Directorate of Sustainability, Technology and Outlooks
(STO) of the International Energy Agency (IEA). The project was designed and
directed by Timur Gül, Head of the Energy Technology Policy Division. Araceli
Fernandez Pales, Head of the Technology Innovation Unit, provided strategic
guidance throughout the development of the project. Elizabeth Connelly
co-ordinated the analysis and production of the report.
The principal IEA authors were (in alphabetical order): Oskaras Alsauskas,
Elizabeth Connelly, Andrew Daou, Alexandre Gouy, Mathilde Huismans, Hyeji
Kim, Jean-Baptiste Le Marois, Shane McDonagh, Apostolos Petropoulos and
Jacob Teter. Takashi Nomura, Aditya Ramji and Biqing Yang contributed to the
research on EV-supportive policies and OEM electrification plans. Laurence Cret,
Amrita Dasgupta, Stavroula Evangelopoulou and Carl Greenfield provided
targeted support to the project.
Keisuke Sadamori, IEA’s Director for Energy Markets and Security;Laura
Cozzi, IEA’s Chief Energy Modeller; Tim Gould, IEA’s Chief Energy Economist;
and Stéphanie Bouckaert, Head of the Demand Sectors Unit provided
valuable insights and feedback. The development of this report benefited from
comments from IEA colleagues: Tanguy De Bienassis, Julia Guyon, Megumi
Kotani, Alison Pridmore, Thomas Spencer and Jacques Warichet. Per-Anders
Widell provided essential support throughout the process. Lizzie Sayer
edited the manuscript.
Thanks also to Curtis Brainard, Poeli Bojorquez, Jon Custer, Astrid
Dumond, Merve Erdil, Grace Gordon, Oliver Joy, Barbara Moure, Jad
Mouawad, Jethro Mullen, Isabelle Nonain-Semelin, Julie Puech, Charner
Ramsey, Clara Vallois, Gregory Viscusi, Lucile Wall, and Wonjik Yang of the
Communications and Digital Office.
The work could not have been achieved without the financial support provided by
the EVI member governments, including Canada, Chile, China, Finland,
Germany, India, Japan, the Netherlands, New Zealand, Norway, Poland,
Sweden, United Kingdom and the United States.
PAGE | 4IEA BY 4.0. Global EV Outlook 2023 Acknowledgements
Catching up with climate ambitions
The report benefited from the high calibre data and support provided by the
following colleagues: Thaíssa Antunes (Ministry of Mines and Energy, Brazil);
Daniel Barber (Energy Efficiency and Conservation Authority, New Zealand); Lisa
Bjergbakke (Centre for Systems Analysis, Denmark); Klaas Burgdorf (Swedish
Energy Agency); Isabel Del Olmo Flórez (Institute for Diversification and Saving
of Energy, Spain); Laurent Demilie (Federal Public Service Mobility and Transport,
Belgium); Albert Dessi (Department of Climate Change, Energy, the
Environment and Water, Australia); Fatima Habib (Office for Zero Emission
Vehicles, United Kingdom); Nishi Hidetaka and Taiki Watanabe (Ministry of
Economy, Trade and Industry, Japan; Kaja Jankowska (Ministry of Climate and
Environment, Poland); Federico Karagulian (ENEA, Italy); Sylène Lasfargues
(Ministry of Ecological Transition, France); Sky Liu (China Society of Automotive
Engineers); Walter Mauritsch (Austrian Energy Agency); Gereon Meyer (VDI/VDE
Innovation + Technik GmbH, Germany), Matteo Muratori (NREL, United States);
Andi Novianto (Coordinating Ministry for Economic Affairs, Indonesia); Elvis
Octave (Seychelles Public Transport Corporation); Sameer Pandit (Bureau of
Energy Efficiency, India); Hiten Parmar (uYilo e-Mobility Programme, South
Africa); Velvet Rosemberg Fuentes (Secretariat of Energy, Mexico); Kitchanon
Ruangjirakit (King Mongkut;s University of Technology Thonburi, Thailand); Daniel
Schaller (Swiss Federal Office of Energy); Daniel Thorsell (Norwegian Public
Roads Administration; Sai Santhosh Tota (VTT, Finland); Luz Ubilla Borquez
(Ministry of Energy, Chile); Katerina Vardava (Ministry of Environment and
Energy, Greece); Alexandre Videira (Mobi.E, Portugal); William Visser
(Netherlands Enterprise Agency, Netherlands). Francois Cuenot (UNECE)
provided the box on technical regulations.
Peer reviewers provided essential feedback to improve the quality of the report.
They include: Koichiro Aikawa (Honda); Takafumi Anegawa (TEPCO); Thaíssa
Antunes (Ministry of Mines and Energy, Brazil); Angel Carlos Aparicio and
Bahtiyar Kurt (UNDP); Harmeet Bawa (Hitachi Energy); Maya Ben Dror (WEF
Circular Car Initiative); Filippo Berardi and Esteban Bermudez Forn (GEF
Secretariat); Georg Bieker and Marie Rajon Bernard (ICCT); Tomoko Blech
(CHAdeMO); Krzysztof Burda, Paulina Muszyńska and Marcin Nowak (Polish
Chamber of E-Mobility, PIRE); Carol Burelle (HEV TCP); Klaas Burgdorf (Swedish
Energy Agency); Francisco Cabeza (Element); Ryan Castilloux (Adams
Intelligence); Yong Chen and Nicholas Wagner (IRENA); Matteo Craglia (ITF);
Francois Cuenot (UNECE); Ilka von Dalwigk (InnoEnergy - European Battery
Alliance); Thomas Deloison (WBCSD), Laurent Demilie (Federal Public Service
Mobility and Transport, Belgium); Albert