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EVs to Surpass ⅔ of Global Car Sales by 2030, Putting at Risk Nearly Half of Oil Demand

EVs to Surpass ⅔ of Global Car Sales by 2030, Putting at Risk Nearly Half of Oil Demand
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As prices fall, two thirds of global car sales could be EVs by 2030, study predicts

As prices fall, two thirds of global car sales could be EVs by 2030, study predicts
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Two-Thirds Of Global Car Sales Could Be EVs By 2030: Report

Spurred by falling battery prices, electric vehicles could hit price parity with fossil-fuel models in Europe in 2024 and the U.S. market in 2026, and account for two thirds of global car sales by 2030, according to new research.

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EVs could be as cheap as petrol cars by 2030: Report

New research predicts that electric vehicles (EVs) could reach price parity with fossil-fuel vehicles in Europe by 2024 and in the US by 2026. The report by the Rocky Mountain Institute (RMI) suggests that falling battery prices will make EVs as affordable to buy as petrol cars in every market by 2030. Battery costs are expected to halve this decade, making EVs cheaper to run as well.

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Global Car Sales EV: As prices fall, two thirds of global car sales could be EVs by 2030, ET Auto

Global Car Sales EV: Batteries are expensive and account for around 40% of an EV s price tag, a cost that has so far made them unaffordable for many consumers.

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