Electric Vehicles 2024 Outlook. Sales of internal combustion vehicles peaked in 2017 and by 2027 are 29% lower than their peak in our outlook. Our economic analysis indicates that electric vehicles are the primary method of decarbonizing road transport.
A bumpy transition from early adopters to the mass market? In 2023, makers of electric vehicles (evs) had been dealing with some tough problems that are not good for the industry.