page title icon 06: How will Covid-19 affect EV sales

How is the EV market going to be impacted by the Covid-19 pandemic?

We explore a number of factors:

– the impact on global GDP
– overall global car market
– improved environment and buyer sentiment for EVs
– reluctance to use public transport
– oil prices plummeting
– market shakeup – what does the ‘new normal’ look like? Who knows…

“Gas prices would have to fall below $10 per barrel – or go into negative territory – before gas-powered vehicles can start challenging EVs’ low operating costs.”

“We’re not hearing of BEV supply chain investments being scaled back or deliberately delayed”

“Europe BEV sales forecast for 2020…is 625k which is 75% up on 2019”

Turn up the nice birdsong sounds at the start 🙂

Forgot to mention EU emissions directive as well. What an amateur! 🙂

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