Electric vehicles will hit auto markets ‘harder and faster’ than predicted

Electric vehicles are still rare sightings on most roads today. But in a couple of decades, more than a third of all passenger cars will run on batteries — not on gasoline or diesel, analysts say.

Around 530 million electric vehicles could zip quietly along the world’s streets and highways by 2040, Bloomberg New Energy Finance (BNEF) said on Thursday in a new report. That’s up from roughly 2 million electric cars today.

BY MARIA GALLUCCI

Full Story: http://mashable.com/2017/07/06/electric-car-revolution-bnef-2040/?utm_cid=hp-hh-pri#4a83Y0jMSPqi