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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

FEBRUARY 25, 2016

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. Although some 1.3

Cost Of

Cost Of Sale Global Vehicles

BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

JULY 6, 2017

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

PHEV

PHEV Sale Lithium Ion Cars

EV Driven

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

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