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
According to Salim Morsy, senior analyst and author of the study, the central forecast is based on the crude oil price recovering to $50/barrel, and then trending back up to $70 or higher by 2040. However, that cost comparison is set to change radically in the 2020s. Although some 1.3 —Salim Morsy.
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