“They will soon account for all the car-sales growth in the world, giving a huge boost to energy efficiency…First, Bloomberg NEF forecasts sales of electric passenger vehicles – mostly all-electric but including plug-in hybrids – to overtake sales of those running solely on internal combustion engines in 2038. That sounds like a long way off, but it’s as far from today as today was from 2000. Moreover, regular readers will know I don’t attach much importance to that crossover year anyway…”
Source: bloomberg.com | Read full article