Auto Execs Say EVs Will Account For Only 35% Of U.S. Sales By 2030 | Carscoops

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Auto Execs Say EVs Will Account For Only 35% Of U.S. Sales By 2030 | Carscoops
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Auto Executives Say EVs Will Only Account For 35% Of U.S. Sales By 2030 | Carscoops carscoops

While many believe that electric vehicles are the future, a number of automotive executives are less confident in the adoption of EVs now than they were last year.recently conducted by KPMG analyzed the views of more than 900 automotive executives. These executives believe that the EVs sold globally will likely account for between 10 and 40 percent of the total vehicle market by 2030, a fall from the 20-70 percent share they had estimated in last year’s survey.

“A year ago, automotive executives sensed a change was coming and the future was theirs to seize,” KPMG International Global Head of Automotive, Gary Silberg said. “In the latest survey, translated into 20 languages, more than 900 executives in 30 countries remain optimistic, but the mood is tempered by realism.”discovered significant declines in the estimates of EV penetration in markets including India, Brazil, and Japan.

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