According to the Bloomberg New Energy Finance and McKinsey & Company report, by 2030 electric cars will take about 60% share in densely populated high-income cities like London and Singapore.
Three reasons were mentioned as main factors:
- low-emission zones
- consumer interest
- favorable economics
Worldwide EV sales are forecasted at 35% by 2040, which truthfully sounds a little bit pessimistically at this point, as we hope for a much faster spread.