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KPMG Report Forecasts 30% Global EV Sales by 2030

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KPMG Report Forecasts 30% Global EV Sales by 2030
Source: Unsplash

According to the 24th edition of the KPMG report, battery-powered electric vehicles (EVs) are projected to constitute about 30% of global car sales by 2030. Additionally, nearly 70% of new car purchases are expected to occur online or directly from manufacturers.

Industry experts anticipate China to lead in EV market share (36%), with the USA, Japan, and Western Europe following closely with 30-33%. Despite economic uncertainty, rising car prices are anticipated, although competition and…

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