A global tipping point for electric cars could come as early as 2022, as battery costs decrease and concerns about range and infrastructure ease.
That’s from analysts at Bank of America Merrill Lynch, who in a little over a year’s time have turned even more optimistic about the future dominance of electric cars over internal-combustion vehicles.
In a Tuesday note, the analysts forecast that one in three cars will be purely electric by 2030; their July 2016 prediction was one in 10 by the same year.