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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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IEEE Offers New Credential to Address Tech Skills Gap

Cars That Think

Yet nearly one in three engineering jobs will go unfilled each year through 2030, according to a report from the Boston Consulting Group and SAE International. A Comptia report about the tech workforce estimates that there will be an additional 7.1 million tech jobs in the United States by 2034.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

employees engaged in motor vehicle parts manufacturing, about one-quarter—nearly 150,000—make components for internal combustion powertrains.”. One study shows that even in 2050, some 44 percent of all vehicle sales globally will still have internal combustion engines, albeit perhaps using biofuels.

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