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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. In the short term, price will be the most significant limitation to the uptake of both plug-in hybrid vehicles like the GM Volt and fully electric vehicles such as the Nissan Leaf, BNEF said.

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Ford battery supplier SK On remains bullish on EVs despite past challenges

Teslarati

Ford battery supplier SK On remains bullish on electric vehicles despite past challenges. In late 2023, the South Korean battery supplier forecasted that electric vehicle (EV) sales would be sluggish in 2024. Despite its predictions, SK On believes EV sales will continue to grow in the future.

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Global Electric Vehicle market size to swell by five-times to $823.74B by 2030: study

Teslarati

However, in the short term, as in up until the end of the decade, Allied Market Research expects the market to saturate and expand, especially as the cost of driving a combustion engine vehicle continues to bubble, giving consumers more incentive to drive an electric powertrain.

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Ecolab partners with Ford Pro to accelerate EV adoption

Baua Electric

Ford Pro will collaborate with global sustainability leaders Ecolab to speed up the electrification of its vehicle fleet, with a goal of transitioning to a 100% fully electric commercial fleet by 2030.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

Which EV brand has the lowest ownership costs of any automotive brand? GM Energy – Chevy Silverado EV energy management system According to the International Energy Agency, in an annual report and forecast out this week, EVs are set for 11% of the U.S. Which automaker priced its hardware set allowing its EVs to back up the home?

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Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. The battery costs one-third of the total price of an electric vehicle.

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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. The low cost of gasoline in the US will yield similar results.