Consultant Ernst & Young LLP now sees EV sales outpacing fossil fuel-burners in 12 years in Europe, China and the U.S. — the world’s largest auto markets.
By 2030, EY predicts that non-EV cars will account for less than half of overall light vehicle registrations.
“A mix of changing consumer attitudes, ambitious climate-focused regulations and technology evolution is about to change the landscape of vehicle buying forever. While the automotive industry has begun to more fully embrace the move toward electrification, the impact of this seismic shift is arriving sooner than many expected. This new outlook also has implications for governments and energy industries in terms of infrastructure and electricity generation and storage.” Randall Miller, EY Global Advanced Manufacturing & Mobility Leader.
As a forward-thinking company, Battle Approved Motors are already using this data to help ensure a smoother transition.