Highlights From Bloomberg’s Electric Vehicle Outlook 2018

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According to (This article and its images were originally posted on Inside EVs August 25, 2018 at 08:04AM.)

According to the latest Bloomberg’s Electric Vehicle Outlook 2018, the plug-in electric vehicle market is bound to succeed.

The sales of plug-in electric cars are going to increase with tremendous pace, reaching 11 million units annually by 2025 and 30 million by 2030. In 2040 sales should stand at 60 million, which will be 55% of the total anticipated volume. The total fleet of plug-in cars is expected to stand at 559 million in 2040 (33% of all cars).

We know that some expect even faster pace of growth, but even that forecast means we are just one generation away from the fade of ICE.

The electrification will be lead by China, the biggest automotive market…

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