Rest of World

Share Of Global On-Road Vehicle Market By EMDE Region

Rest Of World

Share Of Global On-Road Vehicle Market By EMDE Region

EMDE market share of on-road vehicles* is approximately 19% global total but greater policy support is needed to support the BEV transition Emerging Markets and Developing Economies (EMDE) market share of on-road vehicles (excluding 2-3 wheelers) is approximately 19% global total. This represents a decarbonization opportunity of 4,739m tons CO2e per annum by 2050. The global EMDE target is 1,157m tons CO2e per annum by 2050. BEV market share across all approximately 1% total market.

EMDEs

is

Available grant to support BEV transition from 2017-2021 across all EMDE regions was $84.4m. The estimated level of financial support required to enable the BEV transition is $4,960m.

*on-road means passenger cars, vans, buses and trucks and excludes 2-3 wheelers in this analysis

Source: ICCT Briefing Paper

Greater financial support is required to meet the deficit.

Extracted from the PDF; charts and images may read imperfectly.