Electric vehicles, or EVs, are on track to encroach significantly on the market for vans and short-distance trucking, according to the latest forecast from research firm BloombergNEF (BNEF). Based on analysis of the evolving economics in different vehicle segments and geographical markets, BNEF’s Electric Vehicle Outlook 2019 shows EVs taking up 57% of global passenger car sales by 2040, slightly higher than it forecast a year ago.
