US Vehicle Electrification Will Be a Protracted, Decades-Long Process

The Conference Board Research


Author: Funds Society, Miami

  1. EV sales rise gradually to 100% by 2040, 40% of all cars and trucks on the road in 2040 might still be powered by fossil fuels
  2. In 2022, the share of electric vehicles (EVs) sold in the US hit a record high of nearly 6%