1. Flat Sales in 2020 but Strong Growth Momentum in 2025 
2. Strong Growth Potential in Europe Last Year 
2.1 Europe Becomes World’s Largest Market Since Q120 
2.2 Regulations and Preferential Policies to Push European New Energy Vehicle Sales to 4.9 Million in 2025 
2.2.1 Carbon Emission Regulations Put Automotive Vendors and Assembly Companies under Great Pressure 
2.2.2 EU Increases Purchase Subsidies to Boost Price Competitiveness 
2.2.3 Ban on Diesel Cars Accelerates New Energy Vehicle Growth in Europe 
2.2.4 New Energy Vehicle Sales in Europe to Reach 4.9 Million Units in 2025 
3. Chinese New Energy Vehicle Sales Turn the Corner in 2020 
3.1 China’s New Energy Vehicle Production and Sales in July Report Growth for the First Time 
3.2 Tesla’s New Energy Vehicle Sales Grow against the Trend 
3.3 Extension of Subsidy Scheme and Long-term Sales Target to Drive Chinese New Energy Vehicle Growth in 2025 
3.3.1 New Dual Credit System Reduces Carbon Emissions while Promoting New Energy Vehicles 
3.3.2 China Extends New Energy Vehicle Subsidy Scheme in Post-pandemic Era 
3.3.3 New Energy Vehicle Sales Likely to Resume Strong Growth in 2021 and Meet 2025 Target 
4. MIC Perspective 
Appendix 
List of Companies 

Development of new energy vehicles, comprising mainly of plug-in hybrid electric vehicle (PHEV) and BEV (Battery Electric Vehicle), and includes global new energy vehicle sales forecast for the period 2021-2025

Development of new energy vehicles in Europe, touching on sales, regulations, key growth drivers, new model rollouts of key automakers,

Development of new energy vehicles in China, touching on sales performance, laws and regulations, and key growth drivers, and major players in China such as Telsa.
 

Figure 1 New Energy Vehicle Growth Rates in China, Europe, and Rest of World in 1H20 
Figure 2 Automotive Vendors/Assembly Companies Set to Launch 50-plus PHEV/BEV in 2020 
Figure 3 New Preferential Policies in Europe during Pandemic 
Figure 4 Target Dates of Ban on Diesel Car/ZEV in European Countries 
Figure 5 EU’s Carbon Emission Standards v.s. New Energy Vehicle Sales 
Figure 6 Monthly Production/Sales of New Energy Vehicles in July, 2017 - 2020 
Figure 7 Top 10 New Energy Vehicle Passenger Car Vendors and Assembly Companies in 1H20 
Figure 8 Solicitation of Public Opinions: Credit System for New Energy Vehicles 
Figure 9 Solicitation of Public Opinions: New Dual Credit System Drastically Cuts Credits for Single Vehicle 
 

Table 1 Forecast of Worldwide New Energy Vehicle Sales, 2019 – 2025 
Table 2 New Energy Vehicle Sales Volume in Seven European Countries between January and May, 2020 
Table 3 Top 20 Best-selling Electric Vehicle Brands in 27 European Countries in 1Q20 
Table 4 Carbon Emission Reduction Achieved by Top 9 Automotive Vendors/Assembly Companies in 2020 
Table 5 Estimate of New Energy Vehicle Sales in Europe in 2020 under Different Carbon Emission Targets
Table 6 Forecast of New Energy Vehicle Sales in Europe over Next Five Years 
Table 7 Chinese New Energy Vehicle Sales from January to July of 2020 
Table 8 Comparison of Subsidy Schemes for New Energy Passenger Cars in 2019 and 2020
Table 9 Forecast of New Energy Vehicle Sales in China over Next Five Years