Europe 2020, EV market forecast

2020 Europe Forecast. No need to panic about the Covid-19 impact on the EV market in Europe, reports Ev-volumes.

Ev-volumes expects the general light vehicle market to decrease from 17 million (originally forecasted for 2020) to 14,6 million (-14,5%) because of the Covid-19 lockdown effect.

However, “we expect the EV market to grow by 67% to 977,000 units, if the lockdown only lasts 2 months. EV=BEV+PHEV”, says Viktor Irle, Market analyst and co-founder.

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