New Analysis Suggests We Have Already Hit Peak Internal Combustion Engine
Yale E360
JUNE 11, 2021
A new analysis from Bloomberg New Energy Finance (BNEF) suggests that global sales of gas-powered cars likely peaked in 2017, marking a major milestone in the shift to electric vehicles. Demand for conventional vehicles fell in 2018 and 2019 before dropping sharply in 2020 amid the coronavirus pandemic.
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