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Auto executives say more than half of U.S. car sales will be EVs by 2030, KPMG survey shows

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President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit.

Evan Vucci | AP

Automotive executives think more than half of their sales will be electric vehicles by 2030, in line with President Joe Biden’s EV sales goal, according to a new survey released Tuesday by accounting and consulting firm KPMG.

While estimates varied widely from more than 20% to about 90%, the survey on average that executives expect 52% of new vehicle sales to be all-electric by 2030. The same amount is expected for Japan and China, according to the survey which polls more than 1,100 global automotive executives.

The results may be…



Source cnbc.com

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