Electric car sales set to accelerate as costs fall and production scales up
by Mike Scott, Contributor

Forbes    Translate This Article
28 May 2018

On 28 May 2018 Forbes reported: The electrification of the transport system is set to accelerate in the late 2020s, with electric buses leading the way, a new report claims. Electric vehicle sales will surge thanks to tumbling battery costs and increasing scale in manufacturing. Bloomberg New Energy Finance says that sales of electric vehicles (EVs) will reach 11 million by 2025 before racing to 30 million by 2030 as they become cheaper than petrol and diesel vehicles, up from just 1.1 million last year. Global Good News service views this news as a sign of rising positivity in the fields of business and science, documenting the growth of life-supporting, evolutionary trends.

By 2040, sales will have doubled once again to 60 million ...

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