Peak Car Is Just 14 Years Away After Over a Century of Growth

Stay on top of the electric car revolution by signing up to our Hyperdrive newsletter here.

BloombergNEF just published its latest annual Light-Duty Vehicle Outlook. BNEF web clients can access the report here, and Bloomberg Terminal clients can find it here.

BNEF’s transport research tends to focus on decarbonization, including how drivetrains are changing. But another vital aspect to road transport emissions is just how many vehicles are on the road. Our view is that the vehicle fleet will continue to grow for at least another decade.

This latest report lays out a scenario for passenger road transport for the coming decades ...