article thumbnail

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. The growth of ZEVs represents a potential drain on motor vehicle fuel taxes, which could affect state transportation revenue.