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When Will Electric Cars Start To Outsell Fossil-Fuel Vehicles? Projections Are All Over The Map

CleanTechnica EVs

Forecasts are all over the map. By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. But how far in the future are we talking about? Automakers and governments have begun setting […].

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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.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

As an example of cost direction, BCG forecasts that NCA cell and pack costs will decline 60-65% by 2020. Of the roughly 14 million electric cars forecast to be sold in 2020 in China, Japan, the United States, and Western Europe, BCG projects that some 1.5 Source: BCG. Click to enlarge. million will be fully electric, 1.5