Europe could become the largest global market for electric vehicles, report says

J. D. Power and Associates predicts that Europe will be the largest global market for battery-powered electric vehicles but that its volumes would still not come up to what carmakers expect. According to a recent report by J. D. Power analysts, EV sales in Europe could reach 742,020 units by 2020 – only 3.1% of 23.8 million sales predicted for that year. Coming in second place is China, with unit sales of 332,775 and a 1.9% market share. J. D. Power predicts further that the US would be third when it comes to unit sales -- 107,998 units, with only 0.6% of the market.
Read Article
Copyright 2026 AutoSpies.com, LLC