March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010
January 2011
February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
30
31
News Every Day |

Electric car sales in the US will overtake those of combustion vehicles by 2036, according to an EY report

Lucid Air exterior_2
In 25 years, by 2045, sales of non-electric cars will barely account for 1% of the global market.
  • Electric car slaes will equal those of combustion cars in the US in 2036, says a Bloomberg report.
  • Millennials and government incentives will be key to the growth of non-polluting mobility.
  • Germany is leading the way in Europe, having sold 398,000 electric cars in 2020.
  • See more stories on Insider's business page.

Of the 78 million vehicles sold worldwide in 2020, 3.2 million were electric, according to the manufacturers' organization OICA - and this growth looks like it will continue to accelerate over the next decade.

A study by consultancy Ernst & Young (EY) claims that in just eight years, by 2028, more zero emission vehicles will be sold in Europe than combustion vehicles.

This threshold will be reached in 2033 in China and in 2036 in the United States.

Europe became the world's leading electric car market in 2020 after tripling the 2019 figures in the pandemic year from 589,000 units to almost 1.4 million vehicles - Germany was in the lead, having sold 398,000 units, according to MG News.

European countries combined even went as far as to surpass China, which had been the main market for electric vehicles - in 2020, 1.34 million electric cars were sold in China, according to S&P Global.

According to the potential scenario outlined by EY, which was predicted using an artificial intelligence tool, in just a decade electric vehicles will overtake combustion vehicles in the main global markets.

In 25 years, by 2045, sales of non-electric cars will barely account for 1% of the global market.

The keys to this progress include brands' aggressive policies for the electrification of their fleets - General Motors has already announced that from 2035 it will only sell electric cars, and the Swedish company Volvo, owned by Geely in China, will stop producing combustion vehicles by 2030 and will only sell online.

Government incentives towards purchasing electric vehicles, especially in Europe and the United States, also play a key role in this acceleration.

EY also identified a major push from the millennial generation, with 30% of those surveyed willing to buy an electric car, after the blow that the pandemic has dealt to public transport and even shared mobility services.

"The view from the millennials that we're seeing is clearly more inclination to want to buy EVs," said Randy Miller, EY's global head of advanced manufacturing and mobility, according to Bloomberg.

In the United States, the situation has changed with the arrival of the Biden administration.

"The Biden administration's regulatory environment will be a big contribution because it has ambitious goals," added Miller.

A study by the consultancy BlastPoint published at the beginning of the year already anticipated a 71% increase in sales of electric vehicles in the United States, due to the impact of Biden's arrival and his commitment to environmental concerns.

In Europe, it is precisely this dependence on subsidies that has caused some skepticism from analysts, as they consider the electric vehicle market to be "extremely sensitive to government and corporate discounts," said Arndt Allinghorst, an analyst at Bernstein Research, according to Market Screener.

Even CEOs at some manufacturers like Hakan Samuelsson of Volvo, who spoke with the Wall Street Journal in February 2021, admit these subsidies are "an incentive" that makes electrics "very attractive to consumers."

"In the long term those incentives and tax benefits are not sustainable," he added.

Read the original article on Business Insider
Москва

Пассажир рейса Москва — Пермь попал в реанимацию

Top 5 Websites to Watch FREE Movies - TV Shows (No Sign up!)

I was diagnosed with cancer aged 39… you are never too rich, too famous or too young, says Dr Philippa Kaye

Top 10 Emmanuelle Seigner Movies

The 10 Intense New Action Movies on Netflix That Left Me on the Edge of My Seat!

Ria.city






Read also

Towson boys lacrosse starts fast at C. Milton Wright, coasts to 10-2 win

Georgia lawmakers approve new election rules that could impact 2024 presidential contest

Horse racing: Santa Anita Derby shapes up as intriguing

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Top 10 Love Affair Movies of the 2000s and 2010s

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

I was diagnosed with cancer aged 39… you are never too rich, too famous or too young, says Dr Philippa Kaye



Sports today


Новости тенниса
WTA

Чесноков оценил шансы Александровой в борьбе за выход в финал турнира WTA в Майами



Спорт в России и мире
Москва

«Радио Зенит» – информационный партнер форума «Мы вместе. Спорт»



All sports news today





Sports in Russia today

Москва

Федерация бокса России на ВДНХ


Новости России

Game News

Teeny Tiny Trains — новая мобильная игра по типу Railbound


Russian.city


Москва

Пай-мальчик, насильник, многодетный отец: новые странные факты о террористах из «Крокуса»


Губернаторы России
Чемпионат

Чемпионат по зимнему плаванию пройдет в Пскове


Заказать недорогой ремонт шкафов купе в Москве и Московской области

Сергей Собянин: Завершаем строительство московского городского вокзала Щербинка

Шапки женские вязаные на Wildberries, 2024 — новый цвет от 392 руб. (модель 466)

Заказать недорогой ремонт кухонной мебели в районе в Москве и Московской области


Атомная взятка потребовала ареста // Топ-менеджер «Росатома» Геннадий Сахаров отправлен в СИЗО на два месяца

Творческая встреча с искателем приключений состоится в Симферополе

Двое ставропольцев войдут в команду музыкантов Дениса Мацуева

Певица Ирина Понаровская перенесла концерт в Москве


Российская теннисистка Калинская покинула WTA-1000 из-за проблем со здоровьем

Азаренко вышла в полуфинал турнира WTA-1000 в Майами

Александрова впервые войдет в топ-15 мирового рейтинга

Рыбакина о том, что не играла в Индиан-Уэллс из-за болезни: «К сожалению, восстановление заняло много времени»



Архитектурные доминанты округов Москвы

Перенос дат II этапа культурного проекта «Классика: история и современность» в Дмитрове

Шапки женские вязаные на Wildberries, 2024 — новый цвет от 392 руб. (модель 466)

«Радио Зенит» – информационный партнер форума «Мы вместе. Спорт»


Умер пермский художник, нарисовавший президента Путина с мячом

Финал всероссийского студенческого трека Олимпиады Кружкового движения НТО «Летающая робототехника» 2024

Архитектурные доминанты округов Москвы

Фильм Джонни Деппа о Модильяни покажут в России


Совещание с Путиным по созданию федеральных круглогодичных курортов. Главное

Синоптик Вильфанд: аномальное тепло ожидается в Москве в начале апреля

The Economist: европейская экономика переживает тройной шок

В столице изменились условия получения карты москвича



Путин в России и мире






Персональные новости Russian.city
Баста

EMIN, Баста, Полина Гагарина, Валерия и другие артисты исполнили песни Муслима Магомаева



News Every Day

Top 10 Love Affair Movies of the 2000s and 2010s




Friends of Today24

Музыкальные новости

Персональные новости