CAR External Advisory Board Presentation, Spring, 2023

The Context

Battery EV Growth Scenarios 2021–2040

EV adoption needs to explode to meet climate goals…

M units

Scenario aligned with a +1.5 o C warming with little or no overshoot. BEV share reaches 65% of annual sales by 2040. 2022 – 2040 Powertrain Outlook, KGP Powertrain Intelligence, Derby, UK (2022).

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