5 days ago • Posted by William Ramstein

EV forecasts have been upgraded north by Goldman Sachs

Goldman raises EV sales forecasts for the next 20 years by around 20%, now having EV penetration to 56% in 2040. Highlighting Tesla, BYD, VW, and Toyota "as companies we expect to capitalize on this electrification mega trend". Also introducing a hyper adoption scenario. The EU 2035 decision is a key driver to estimate changes. Source: The Market Ear