@bloomberg is back again spreading #FUD about Europe's #ElectricVehicle growth.

They claim a goal of 30M EVs (about 11% of the EU fleet) on the road by 2030 is overly ambitious, saying only 1.4M are already on the road.

=> Wrong on both counts!

1/ https://www.bloombergquint.com/business/eu-aims-to-have-30-million-electric-cars-on-the-road-by-2030

Europe has already added around 1.1M EVs so far this year and will have added ~1.25M by year's end:

2020 - 1.1M (& more coming)
2019 - 0.56M
2018 - 0.39M
2017 - 0.31M
2016 - 0.22M
2015 - 0.19M
2014 - 0.1M
2013 - 0.06M
earlier ~ 0.03M

=> 2.96M (mostly in the EU)... not 1.4M!

2/

So 27M more in the next 9 to 10 years...

Europe market is around 20M / year, mostly inside EU. To add 27M requires average 19% of sales over next 9 years being EVs.

Hate to break it to Bloomberg, but Europe's EV market is **already passing 13% share** at the end of 2020!

3/

Europe will likely see EV market share of 16-18% already in 2021.

So according to Bloomberg's logic, 2021 is the last year of growth for EVs in Europe, and maintaining 19% for the rest of the decade is "ambitious" ???

@MikeBloomberg - is this the best you can do?

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