McKinsey & Company"As EV prices decrease and more models become available, EV ownership will reach a broader swath of the vehicle-owning population, encompassing more than 10% of sales by 2025 and 20 to 30% of sales by 2030."Sep 21, 2026
IEA"Electric vehicle sales [will] reach over 30 million in 2025 and over 70 million in 2030, a total of approximately 30% and 60% of all vehicle sales, respectively."Nov 09, 2025
UBS Global Wealth Management"Given the long time horizon and uncertainty about many moving parts, a 17-23% EV share in 2025 and 40-60% in 2030 fall within our base case."Mar 12, 2021
AlixPartners"That age will eventually melt, with the Outlook forecasting 36% of global sales will be plug-in electrified vehicles in 2030."Sep 21, 2026
Morgan Stanley"The team expects global EV penetration, a key driver of battery installation, to accelerate from 3.1% in 2020 to 44.2% by 2030 and to 86.7% by 2040."Sep 21, 2026
Omdia"EV sales will continue to grow throughout the decade, with Canalys forecasting that EVs will represent 48% of all new cars sold in 2030."Sep 21, 2026