European policy on reducing greenhouse gas emissions can be particularly supported by Electric Vehicles’ market penetration in the following years. This paper overviews the so far penetration of the Electric Vehicles Technology in Europe and at the same time aims to provide an estimation about the future penetration based on appropriate prognostic tools. For this reason, the authors analyze the so far statistical data of the Electric Vehicles sales and use both the linear regression and Brown method to estimate their foreseen market penetration within the next decades. The results of this study can provide an insight about the future of Electric Vehicles penetration and their potential contribution in climate change mitigation and ancillary services to the grid. This study results, foresee that CO2 emissions reduction lie between 5% and 9, 53% by the year 2030 compared to the base year 2017. These results imply that further policy measures and incentives need to be given for supporting Electric Vehicles further in the next years to follow.

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