ABSTRACT

In most countries Electric Vehicle (EV) have continued to represent a small share of the passenger vehicle sales. Norway is the only market in which EV market shares have reached a mass market stage and it has the highest EV market penetrations globally. There are various key drivers for new policies to support EV developments in different countries globally. These include enhancing energy security, reducing transport-related carbon emissions and increasing the opportunities for sustainable economic growth. Most of the EV support policies enacted by different governments globally have been aiming to reduce air pollution and to lower Greenhouse Gas emissions. Some of the key success factors for future EV market developments and growths will include battery improvements and cost reductions. Future innovations for longer battery lifetimes and higher energy storage densities will be very important to improve the driving ranges and lifetimes of future new EVs.