A significant milestone in electric vehicle (EV) adoption has been reached, with 31 countries surpassing the pivotal point where 5% of new car sales are purely electric, indicating the start of mass adoption. This trend is expected to contribute to the peaking of road oil demand by 2032, as forecasted by Goldman. Additionally, Norway is on track to become the first country where the number of battery electric vehicles (BEVs) on the roads surpasses that of petrol cars by the end of 2024 or early 2025. This shift towards electric vehicles is further highlighted by the anticipation of standout EV models set to arrive in 2024.
EVs could overtake petrol cars in Norway by end-2024 https://t.co/qnh6NXmlcy https://t.co/3T10gU6jTd
EVs could overtake petrol cars in #Norway by end-2024 #oott https://t.co/HWtT68zXt9
⚠️ EVS COULD OVERTAKE PETROL CARS IN NORWAY BY END-2024 Full Story → https://t.co/68Sk3FG9oe The number of battery electric vehicles (BEVs) on Norway's roads is on track to overtake petrol cars by the end of this year or in early 2025, in a first for any country, according to… https://t.co/tgSZxA7av5
Road oil demand to peak by 2032 as EVs become more popular, Goldman forecasts https://t.co/v7YezYS1WT https://t.co/7BSesgv6El
The best EVs arriving in 2024: Ten electric cars we think will be standouts this year https://t.co/N5eUJ9nb8U https://t.co/zjNVnL3I1n
NEWS: 31 countries have surpassed a pivotal EV tipping point: when 5% of new car sales are purely electric. This threshold signals the start of mass adoption, after which technological preferences rapidly flip - Bloomberg https://t.co/IdD7H6JMMW