Tesla CEO Elon Musk has predicted that nearly all new vehicles sold worldwide will be electric within the coming years, as gasoline-only models now account for less than half of global sales. The shift reflects accelerating demand for zero-emission alternatives amid tightening environmental regulations and declining battery costs. Industry analysts note that hybrid and plug-in hybrid models are also gaining traction, further pressuring traditional combustion-engine automakers. With major automakers pledging to phase out internal combustion engines, the transition to electric vehicles appears to be reshaping the automotive landscape.
Elon Musk Sees ‘Almost All Cars’ Going Electric as Gasoline-Only Vehicles Fall Below Half of Global Sales Yahoo Finance