ELECTRIC VEHICLE! The electric share of total vehicle sales are said to be still small, but it was predicted to be booming fast. By 2040, over half of all passenger vehicles sold could be electric.
In fact, according to a new study from the Boston Consulting Group, by 2025, EVs could account for a third of all auto sales. By 2030, EVs could surpass internal combustion engine vehicles with a market share of approx. 51%.