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Car Sales by Powertrain

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SOURCE RESEARCH

Vehicle and Mobility Services

Market Data | 4Q 2024 | MD-MOBI-110

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The chart above depicts global consumer car sales forecasts based on the type of powertrain used. Internal Combustion Engines (ICEs), fuel cell, and other non-electric powertrains still dominate the automobile sales market, but that trend will change by 2030. Electric Vehicles (EVs), which include Battery EVs and Plug-In Hybrid EVs, will account for roughly half of all vehicle sales by 2030.

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