Electric Vehicles Will Represent 94% Of New Car Sales By 2040, Says Piper
June 22, 2021 at 09:46 AM EDT
After assembling a brand-by-brand, region-by-region forecast, Piper Sandler analyst Alexander Potter thinks battery electric vehicles will represent 18% of new vehicle sales in 2025, 45% in 2030, and 94% by 2040.