2020 EV100 Progress and Insights Annual Report

Charging ahead on electric fleets: Will automakers keep pace with corporate demand? The 2020 EV100 Progress and Insights Annual Report from The Climate Group, tracks the progress of more than 60 global companies as they move to electric vehicles.

The report shows that corporate and leasing fleet commitments will see the roll-out of more than 2.5 million zero-emission vehicles by 2030 – saving 42 million metric tons CO2e, the equivalent annual emissions of 11 coal power plants. Companies are making good progress toward their goals and have already rolled out more than 80,000 EVs and nearly 10,000 charge points for employees and customers.

However, the report also shows that a lack of EV supply is the biggest barrier to faster progress for 79% of EV100 members – up by a third from last year.

As more and more companies join EV100 and commit to go electric by 2030, automakers must turbo charge EV supply to meet the growing demand – and governments must deliver supportive policies.

Please note, on page 3 of the report, the line we estimated that 42 million metric tons CO2E will be saved by 2030. Subsequent analysis has shown that the correct savings figure is 658,293 tCO2e Projected Annual Avoided GHG Emissions in 2030 based on the Current Year Fleet.