Half of passenger vehicles sold worldwide will be EVs by 2032
Transport today is 28% of global energy demand, with the road transport share accounting for over 80% of that. In 2017, transport demand was 116 EJ, and this drops slightly to 112 EJ by 2050. Despite this minor shift, transport is one of the great engines of the energy transition, as the electron gains primacy over the fossil molecule.
As it stands, the world’s fleet of passenger road vehicles is 97.5% internal combustion and 2.5% electric. By 2050 the fleet will have transformed to 73% electric and 27% internal combustion.
Meet DNV GL's electric vehicle expert
Jeremy Parkes, Global Business Lead, Electric Vehicles, DNV GL
Jeremy Parkes is DNV GL’s global business lead for electric vehicles. He is responsible for defining and developing DNV GL’s services in the EV sector to cement the company’s role as a leader in this fast-developing market. Jeremy has over 20 years’ experience in the transport and renewables industries, beginning his career at Rolls Royce before moving into renewables as head of forecasting and later asset management at DNV GL and Belltown Power. Jeremy holds a first class honours degree in Aeronautical Engineering from the University of Bristol.
Jeremy Parkes will be sharing his expertise during a keynote speech at AutomotiveEV 2020
Date: Tuesday 22 September
Time: 08:55 to 09:15
Presentation title: The role of electric vehicles in the energy transition
Presentation overview: DNV GL's Energy Transition Outlook is an independent, model-based forecast of the world's most likely energy future through to 2050. In this keynote talk, we will provide highlights of the recent publication and expand on our forecasts for electric vehicle adoption, the impact this will have on oil and electricity demand, and the role that electric vehicles will play in future power systems.