**2. Global EV Outlook towards GV Electrification and the Impact of Digitalization on Energy Demand**

Supportive policies and cost reductions are probably going to bring important growth in the market assimilation of EVs from the outlook period to 2030. In the New Policies scenario, which adopts existing and notified policies, the number of electric light-duty vehicles (LDVs) on the road will reach 125 million by 2030 [5]. The market volume of electric LDVs on the road can grow up to 220 million in 2030, if the policy ambitions continue to rise to meet more challenging climate goals and sustainability targets, as reported in Figure 1, in the case of the EV30@30 scenario. More particularly, it is estimated that there will be 130 million battery electric vehicles (BEVs) and 90 million plug-in hybrid vehicles (PHEVs). The EV30@30 campaign, started at the Eighth Clean Energy Ministerial in 2017, redefined the electrical vehicle initiative (EVI) ambition by setting the collective ambition target for all EVI members, as a 30% market share for electric vehicles for all vehicles (except two-wheelers) by 2030. The dispatching campaign contains various implementing actions to help achieve the target, which are in agreement with the priorities and programs of each EVI country.

**Figure 1.** Global electric vehicle (EV) supply in the New Policies and EV30@30 scenarios, 2017–2030.

Fast developments in sizing battery production and reducing costs, allowed by the increasing sale of EVs, primarily driven by policies targeting LDVs, have positive disperse effects across other transport modes. Eventually, electric two-wheelers, which are not at present a prime policy focus in most regions, are planned to experience a significant increase. As matter of fact, in terms of stock share, about 40% of the world's two-wheelers will be electric by 2030 in the New Policies scenario. China has worldwide leadership of the two-wheeler electrification market, with a continuing commitment to the electrification of mobility; however India, whose population is predicted to be as numerous as that of China in the coming years, has the ambition to electrify its two-wheelers. Europe, where fuel taxes cause a faster cost recovery over the vehicle life, is also at the top of this transition. As shown in Figure 1, if regulatory pressure is applied to better harness the full economic and environmental benefits, then a 50% global stock share can be achieved in 2030 in the EV30@30 scenario [1].
