Hyperdrive

Soaring EV Sales Could Still Leave World Short on Emissions Goal

  • Electric car deliveries to more than double through 2026: BNEF
  • Lithium could become supply-chain risk without new discoveries
WATCH: With demand for electric-vehicle sales surging, greater efforts may be required to eliminate emissions by the middle of this century, according to BloombergNEF.Source: Bloomberg
Lock
This article is for subscribers only.

Electric-vehicle sales are poised to more than double by 2026 but eliminating emissions from road transportation by the middle of this century will require even greater efforts, according to BloombergNEFBloomberg Terminal.

The research firm sees shipments of plug-in passenger vehicles surging to around 27 million from 10.5 million last year as sales jump in China and the US. That’s offsetting slower growth in Europe, where tight supply chains and a cost-of-living crisis are weighing on demand.