Mercom Insider

Electric Vehicle Fleet to Hit 700 Million by 2040: BNEF

Sale of combustion vehicles are projected to be 39% lower by 2026 compared to their peak

June 9, 2023

/ Arjun Joshi
/ Electric Vehicles, Market & Policy
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


The number of electric vehicles (EV) is set to exceed 100 million by 2026 and reach 700 million by 2040, according to the latest report by BloombergNEF (BNEF). These estimates represent a significant surge from the 27 million EVs registered at the beginning of this year.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Arjun Joshi

More articles from Arjun Joshi.
BNEFcharging infrastructureEVIndiaUS
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS