Research Group Claims EV Market Saturation Will Occur By 2030

The future rarely turns out like forecast, especially 11 years out.

I predict the TVR will be the largest car maker on the planet by 2030.

Right about the time the world will end according the leftist loon from NY, AOC.

Is that 21 million EVs total by 2030 or annual. There is no way this can be annual unless the price drops precipitously and infrastructure is built to support it. And if this forecast is accurate, gas prices will drop as well making it harder to justify the price gap between ICEs and EVs.

I am assuming they are saying because of environmental concerns and not just $cost... this does not take into account new battery tech or hydrogen fuel based cars...

also i predict we will all be teleporting in 11 years so won;t need cars at all...

What a bunch of pure crap - Tesla sales are getting hammered by just the first two direct competitors - the Jaguar I Pace outselling the two Teslas by 2 to1 and 4 to 1 margins and forcing a 40% drop in TEsla sales in Norway, causing Tesla to discontinue the base models S andx. And Porscche's Taycan, not yet even in production, is scheduled to build more cars than the Model S did last year and more than the reduced Model S and Model X output altogether the coming year. The entire production run hs been sold out. Tesla faces a $7500 tax credit disavantage in the U.S. against almost all of the 250 non-Tesla electric car that will be coming to market over thenext several years. ANd Tesl's Supercharger network is being surpassed by the CCS charging netowrks, of which there are many - Shell Oil, IONITY, Exxon Mobil, Electrify America, Porsche dealerships, etc Tesla hs cut back drastically on the Supercharger expansion plans. It is doomed to be a sparsely located charging network. I doubt that Tesla can obtain more than a 10% market share of electric vehicles. And any estimate of how large that market will be in 20 years depends solely upon the price of batteries. They will be quite cheap by then and no automaker will be producing gas powered cars 10 years from now.

What crack are you smoking? Tesla made up 80% of the US EV market last year and by revenue had the best selling car of 2018 across all price classes. This year they are forecasting at least 50% growth.

Also, the supercharger network is the most widely distributed fast charging network by like a factor of 10. No one will have anything close to it for years, and guess what.. Teslas can use all of the other networks being built right now in addition to the superchargers.

I would bet you any amount of money that the majority of cars produced in ten years will be ICE. True EVs are just under 0.3 percent of global vehicle sales. The 2 percent number in the article includes hybrids. Given the long product development cycle of new cars and the much longer time needed to create the infrastructure to support a large number of EVs. Even by Deloitte's optimistic "forecast," EVs will only account for about one quarter of vehicle sales AND this will be tha saturation point.
Batteries will come down in price, but a large technological advance will be needed to make them "cheap." Look at cobalt prices.

I would take that bet. A lot can happen in 10 years (i.e. smartphone saturation)

"640K ought to be enough for anybody."

Some predictions and quotes don't age well.