
Key View:We maintain our long-heldpositive stance towards Danish EV adoption, as the significant increase in the number of EVs in the streets is supported by an appropriate enhancement of the domestic public EV charging infrastructure network. We expect Denmark''s total EV fleet to reach just over 248,000 units in 2023, up from 181,325 units in 2022. By 2032, the end of our forecast period, we expect the local EV fleet to reach a high of 1.16mn units and represent 31.5% of the total vehicle fleet.
We expect Denmark''s total EV fleet to reach just over 248,000 units in 2023, up from 181,325units in 2022. By 2032, the end of our forecast period, we expect the local EV fleet to reach a high of 1.16mn units and represent 31.5% of the total vehicle fleet.
Denmark is striving to achieve a 70% reduction in greenhouse gas emissions across the economy by 2030, as compared to 1990 levels. The transport industry is one of the most significant contributors to greenhouse gas emissions, with private road vehicles accounting for the majority. Consequently, the entire sector must take significant steps to reduce emissions in the run-up to 2030. As for the 2030 and 2035 projections, EVsare expected to become the predominant alternative to ICE drivetrains.
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