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Electric Cars Will Total More Than 50% Of All New Car Sales By 2040, BNEF…

Bloomberg New Energy Finance has a new prediction about electric cars — they will account for more than half of all new car sales globally by 2040 and account for a third of all light duty vehicles on the road. The latest report was put together by an advanced team of BNEF analysts and takes several factors into account. Its predictions are significantly more optimistic than the last BNEF report just one year ago, which projected sales of electric cars would reach 35% of the market by 2040.

Germany Pushing For $10 Billion Expansion Of Russian Gas Pipeline

Despite all of the talk in recent years about a full-scale transition to renewable energy, Germany remains heavily dependent upon fossil fuels for the continued functioning of its various energy, transportation, industrial, and economic systems. In fact, since the country prioritized closing down its nuclear power stations, it has not gotten nearly as far as it could have shutting down fossil power plants instead. That’s not to say Germany should have taken another route, but that’s the reality of the situation.

Electric Car Market Up 27% In Europe

The European passenger plug-in market had more than 21,000 registrations last month, up 48% over the same month last year. Year-t0-date, the market is up 27% this year, with the EV share standing at 1.4%.

With quality control issues solved in the second half of the month, the Renault Zoe was once again Master in Command, with the BMW i3 and Outlander PHEV recovering some ground over the ageing Nissan Leaf.

Cleantech Revolution — The Plan

Cleantech leaders from 11 countries are now set to converge on Berlin and Wroclaw for the next edition of our Cleantech Revolution Tour. We have longtime EV and solar leaders from the UK, France, the Netherlands, Germany, Poland, Ukraine, Slovakia, Hungary, the USA, Sweden, and Portugal joining the conference.