The Electric: In 2050, There May Still Be 1 Billion Combustion Vehicles on the Road

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The Electric

electric vehicles

Steve LeVine

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Sales of electric vehicles are growing at 55% a year. California and the EU have both banned the sale of new combustion vehicles after 2035. Yet in 2050 drivers will still be plying the world’s roads in up to 1 billion combustion vehicles, according to leading analysts. Combustion’s tenacity will exacerbate the extreme weather conditions experienced around the world this summer, funnel more than $1 trillion a year in revenue to the oil industry, and give the major automakers more time and cash to make the transition to EVs.

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The Electric. electric vehicles. Steve LeVine. [email protected] ­om. Profile and archive →. Sales of electric vehicles are growing at 55% a year. California and the EU have both banned the sale of new combustion vehicles after 2035. Yet in 2050 drivers will still be plying the world’s roads in up to 1 billion combustion vehicles, according to leading analysts. Combustion’s tenacity will exacerbate the extreme weather conditions experienced around the world this summer, funnel more than $1 trillion a year in revenue to the oil industry, and give the major automakers more time and cash to make the transition to EVs.