Will the majority of new cars sold worldwide be electric before the end of 2030?
kian_spire avatar
kian_spire
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closes 3031
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This question will resolve as YES if more than 50% of new cars sold worldwide in the year 2030 are electric.

The source for determining the percentage of electric cars sold will be the International Energy Agency (IEA) annual report on electric vehicles. The report will be released in 2031 and will provide data on the percentage of electric cars sold in 2030. This question does not include hybrid cars, only fully electric cars.

The question does not consider any potential changes in regulations or government policies that may affect the sales of electric cars.

This question does not consider any potential changes in consumer behavior or technology development that may affect the sales of electric cars.

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Marktweisebought Ṁ20 of NO

The IEA Announced Pledges Scenario (APS), which is based on existing climate-focused policy pledges and announcements, presumes that EVs represent more than 30% of vehicles sold globally in 2030 across all modes (excluding two- and three-wheelers). While impressive, this is still well short of the 60% share needed by 2030 to align with a trajectory that would reach net zero CO2 emissions by 2050. Under current policy plans reflected in the IEA Stated Policies Scenario (STEPS), EVs reach just over 20% of sales in 2030, increasing the stock 11-fold from today’s levels to 200 million vehicles. (source)