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Overwhelming Number of New Car Sales Will Be Electric Vehicles in Coming Decades—But Gasoline Will Still Rule the Road in Terms of Total Cars in Use

Nevertheless, gasoline-powered vehicles will still comprise two thirds of the 1.9 billion cars on the road in 2050 owing to the time it takes for the fleet to turn over. The average age of vehicles on the road in the United States is nearly 12 years.

Nicholas CooperOctober 23, 2020electric vehicles, Daniel Yergen, Lithium