EVs will own half of U.S. market by 2030, auto execs tell survey

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EVs will own half of U.S. market by 2030, auto execs tell survey — via drivingdotca autonews EV

The KPMG survey of auto industry executives found that they believe that electric vehicles will account for 52 per cent of sales by 2030 in the United States, China and Japan, with lower percentages for Western Europe, Brazil and India. But behind those aggregate forecasts, industry executives have widely varying views.

A Polestar electric vehicle undergoes quality assurance auditing at the company’s plant in Chengdu, ChinaElectric vehicle sales around the world have been fueled so far by government subsidies. But 77 per cent of the respondents to KPMG’s survey said electric vehicles can achieve mass adoption within ten years without government aid as battery costs drop to parity with petroleum-fueled engines. However, 91 per cent of auto executives said they support government subsidies.

 

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drivingdotca You will buy and drive an electric car and you will be happy - Auto Execs

drivingdotca Is there a market opportunity to develop restaurants & hotels around charging locations, just like there had once been more restaurants & hotels oriented to a greater abundance of gas stations?

drivingdotca Lmao, they need to get to 5% first, been 20 years!

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