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New Research Predicts EVs Will Outpace ICE Vehicle By 2030

15 Sep 2023 | Abstracted from Benzinga

"According to research by Rocky Mountain Institute (RMI), EV sales are growing exponentially, and companies are already building enough battery and EV factories for EVs to dominate global car sales by 2030. EVs will account for between 62% and 86% of sales by 2030, adding that in China, it would be at least 90%

"research forecasts that this cost will fall to $60-$90 per kWh by 2030, and battery energy density will rise by 4% annually."



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