will account for more than half of all new cars sold in the U.S. by 2030, experts predict.
Though President Joe Biden has yet to make any moves to force states to outlaw the sale of combustion vehicles, analysts say incentives such as the newestimated that EV sales were on track to make up 43 percent of new cars bought in 2030 presumably thanks to the greater availability of choices in the new EV market and increasing consumer acceptance of electric cars.
But those estimates were revised after the U.S. government passed the Inflation Reduction Act in August this year, pushing the 2030 prediction up to to 52 percent. That figure more than matches a previous Biden pledgeRelated:analysts conceded that EV sales might not jump hugely in the next couple of years, in part because the new tax credit rules mean the full $7,500 aid is only open to vehicles, and there are also restrictions on where batteries are sourced.
The number of electrified vehicles in America is then expected to grow massively as we approach the middle of the next decade with the help of legislation outlawing combustion cars in many states. California has already passed a law demanding all new carsTags