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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. Three types of technological advances will shape the powertrain future.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

A Boston Consulting Group (BCG) analysis of the European auto industry posits that about 930,000 existing auto manufacturing and supplier jobs will disappear with the introduction of EVS by 2030, but another 895,000 new jobs will be added. Brian Cassella/Chicago Tribune/Tribune News Service/Getty Images.

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