(Auto manufacturers, auto equipment manufacturers) and their suppliers should keep their eye on two broad trajectories: the rise in market share of electrified vehicles from about 3% today to 50% around 2030, and the increase in share for battery-powered vehicles from almost nothing to about 14% of the global market in 2030. There will be variations in the pace of change, depending on regulatory actions, consumer adoption of autonomous vehicles and car sharing, and the economics of different fuel sources. Companies will need to develop a suite of strategic and product options to manage a transition that is both inevitable in its destination and uncertain as to its route.

—–   Boston Consulting GroupElectrified Vehicles to Take Half of Global Auto Market by 2030

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