The promotion of electric vehicles becomes a global consensus, 2020 is the key year.

2016/09/10 Industry News Aodi

(Summary) Recently, the World Energy Council (WEC) released the latest report, "World Energy Perspective 2016: electrified mobile"

Recently, the World Energy Council (WEC) released the latest report, "World Energy Perspective 2016: electrified mobile", and said that in order to meet the regulatory authorities around the world to develop increasingly stringent fuel economy regulations and emissions regulations, the global sales of new cars in 2020, the proportion of electric vehicles need to reach 16%.

WEC was established in 1924, which is a comprehensive international energy civil society organizations. The release of the report is completed by the consulting firm Accenture and WEC in collaboration with the company. WEC said that in the face of climate change and recent fluctuations in crude oil prices, multinational regulators is considering to launch more stringent fuel economy regulations the next 5 to 10 years, and from a historical point of view, fuel economy laws and regulations has been to improve fuel efficiency, reducing energy consumption is one of the most effective measures.

The report study based on the three major automotive markets of China, the United States and the European Union and found that, with improving of the fuel economy regulations and emission standards, it’s difficult to meet the requirements simply with the traditional internal combustion engine technology, and need to expect electric vehicles.

It is reported that the comprehensive annual demand for passenger cars is more than 40 million from China, the United States and the European Union, these three market regulators have chosen 2020 to be a significant important time to improve in fuel economy and reduce emissions. China demanded an average passenger fuel consumption of 5L / 100km for domestic passenger cars in 2020 and 117g / km for carbon dioxide emissions. The EU proposes that 95% of new cars will need to meet 95g / km of CO2 emissions by 2020; The USA required that, in 2020, the average fuel economy of the new car reaches 41.7 mpg, and the CO2 emission target is 133 g / km.

There are many ways to improve vehicle fuel economy and reduce emissions, such as hybrid technology, lightweight technology, or improved aerodynamics, but WEC believes that electric vehicles are important in terms of potential and viability.

■ The share of electric vehicles need to be improved

In the report, WEC proposed an "EV gap" concept, that is, fuel vehicles still cannot meet the government requirements after the continuous improvement, the middle of vacancies to rely on electric vehicles. "EV gap" represents each market’s need to sell the number of electric vehicles in order to meet regulatory requirements.

WEC believes that in order to achieve the Government to develop the relevant objectives, by 2020, the EU needs to sell 1.4 million electric vehicles, which accounted for 10% of passenger cars’ estimated sales; the United States needs to sell 900,000 electric vehicles, which is 11% of sales; China will need to sell 5.3 million electric vehicles, which accounted for 22% of passenger cars ‘projected sales.

It is understood that the current major global auto market, the proportion of electric vehicles is generally less than 1%. Many countries are taking measures to enhance the sales of electric vehicles. New Zealand is an up-to-date example. The end of August this year, New Zealand announced the establishment of special advisory group, responsible for the promotion of electric vehicles. Last year, New Zealand set a target to reduce greenhouse gas emissions by 30% by 2030, while New Zealand's 16% of greenhouse gas emissions come from the transportation sector. In this case, New Zealand believes that the introduction of large-scale electric vehicles can make the traffic cleaner and more energy efficient.

New Zealand introduced a package of preferential policies in May this year, for example, the reduction of road tolls for electric vehicles, the construction of public charging facilities, the use of bus lanes and other special lanes, the review of the tax system and the rational taxation of electric vehicles. It is to make electric vehicles' sales reached 6.4 million, the market share of 2% in New Zealand in 2021. New Zealand Minister of Transport Simon Bridge said that the government's concessionary initiatives make each electric car owners save 600 New Zealand dollars (about 2900 yuan). In addition, New Zealand is conducting a feasibility study on the large-scale procurement of electric vehicles by the government and private sector, with an annual allocation of NZ $ 1 million for electric vehicle promotion each year for a maximum of NZ $ 6 million for low emission vehicle innovation projects.

In addition to New Zealand, the United States, China, Germany, Britain, France, Norway and other countries also introduced  incentive policies related to electric vehicle. For car makers, WEC's recommendation is to react positively to regulatory pressures and change product mixes appropriately to meet the government's regulatory standards.

■ Clean power to support

In fact, the development of electric vehicles in New Zealand has a big advantage, that is, most of the electricity from renewable energy sources, which is similar to Norway known as the "Kingdom of electric vehicles". "Electric vehicles are actually more economical than petrol and diesel vehicles. Especially in New Zealand, electric vehicles use electricity from a wide range of renewable sources, which will help reduce emissions in the transportation sector," Bridger said. The current 80% of New Zealand's electricity is from hydropower, wind, geothermal and other renewable energy, and the Government's goal is to make 90% of the electricity coming from renewable energy sources in 2025.

The report said that by 2020, the major automotive markets need to meet additional electric power from the electric vehicle needs. Among them, the EU needs 3.7 TWh, the United States needs 4.5 TWh, China will need 26.2 TWh. In order to meet the national electric vehicle demand for electricity, not only need to properly plan the charging infrastructure, you can also use V2G (car to the grid) such emerging technologies.

"In order to reduce emissions, the promotion of electric vehicles, power companies play an important role in the future. There will be more and more electric vehicles to enter the market, the power company not only to ensure a stable power supply, but also consider the use of renewable energy as much as possible "Says Stuart Solomon, Managing Director of Accenture Strategy." Power companies also have a key role to play in bringing the automotive industry, the hi-tech industry, and the home-care industry stakeholders together to attract more consumers to buy electric cars through more attractive electricity prices and the introduction of interconnected cars, smart homes, etc. In this way, consumers can enjoy a new way of life, and these stakeholders can be Electric vehicles as a new profit growth point.



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