Wood Mackenzie: Electric vehicles set to dominate global market

Cecilia Keating
clock • 2 min read
The number of fossil fuel vehicles on roads is expected to nosedive as the net zero transition gathers pace | Credit: iStock
Image:

The number of fossil fuel vehicles on roads is expected to nosedive as the net zero transition gathers pace | Credit: iStock

Internal combustion engines sales will be overwhelmingly concentrated in Africa, Middle East, Latin America, and Russia, report predicts, as electrification abounds in Europe, US and China.

Electric vehicles (EVs) will dominate the world's roads by mid-century, accounting for 56 per cent of all vehicle sales, according to a new analysis from Wood Mackenzie. A report published yesterday...

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