EVs Will Be the Majority of Light Vehicles by 2030
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EVs still only account for a small portion of overall vehicle sales, but it is expected to grow rapidly. Some experts think that, eventually, they will become the dominant form of transport. This would have far-reaching implications for the auto industry as a whole. For example, oil refineries and fuel stations would shut down and auto repair shops would need to adjust to servicing primarily electric vehicles. Furthermore, electric vehicles will need a vast and rapidly expanding charging infrastructure.
If that happens, it may become more convenient for consumers to own an EV than it is to own a conventional gas-powered vehicle. The availability of charging stations could even make owning a conventional ICE car less attractive (Plumer, Struben, and Naumov, 2020).
In fact, a recent survey conducted by KPMG of 1,118 automotive industry leaders resulted in highly varied responses when it came to forecasts for the EV share of light vehicle sales over the next few years. However, the average response was around 64 percent of all new light vehicles sold will be a BEV or PHEV by 2030.
The EV1 was a two-seater all-electric battery powered car, whose 44 NiMH cells were arranged in an I formation down its centerline. The car had a smooth and clean appearance, with an aerodynamic drag coefficient of only Cd=0.19. It was the first production car to feature electronic safety systems, including anti-lock brakes, one-way thermal glass for better heat rejection on sunny days, and a time programmable air conditioning system.
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