Tag: EV vehicles
- 15 Sep
Electric Vehicles to Reach Price Parity with Fossil Fuel Models in 2024, Account for Two Thirds of Global Car Sales by 2030
Electric vehicles (EVs) are expected to reach price parity with fossil fuel models in Europe in 2024 and the U.S. market in 2026. EVs are also expected to account for two thirds of global car sales by 2030. This is being driven by the decline in battery prices, the growth of EV sales in Europe and China, and government policies that support the transition to EVs.
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