WoodMac: Global Green Car Sales To Overtake Gas Vehicles Until 2047 ...Middle East

Economy by : (OILPRICE) -
Global sales of battery electric vehicles, fuel-cell vehicles, and plug-in hybrids are set to exceed the sales of light-duty vehicles with internal combustion engines for the first time in 2047, new research from Wood Mackenzie showed this week. According to WoodMac, sales of vehicles with internal combustion engines (ICE) will account for 44 percent of global vehicle sales in 2050, as alternative zero-emission cars will dominate the new car sales. The share of battery electric vehicles (BEVs) is set to be at 48 percent in 2050, plug-in hybrid…

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