Asked By: Keegan Wilderman
Date created: Thu, Mar 25, 2021 1:40 PM
Date updated: Wed, Sep 14, 2022 12:57 AM
Top best answers to the question «By when will electric cars take over»
- By 2025 20% of all new cars sold globally will be electric, according to the latest forecast by the investment bank UBS. That will leap to 40% by 2030, and by 2040 virtually every new car sold globally will be electric, says UBS. The reason is thanks to another curve - what manufacturers call the "learning curve".
- If electric vehicle sales gradually ramped up to 60 percent over the next 30 years, as projected by analysts at IHS Markit, about 40 percent of cars on the road would be electric in 2050. In order for almost all cars on the road to be electric by 2050, new plug-in sales would need to quickly ramp up to 100 percent in the next 15 years.