Electric cars are breaking sales records, but here’s why they’re not replacing gas cars anytime soon, August 20, 2023 > Assuming that the current laws and regulations remain unchanged, the annual percentage of newly purchased BEVs and PHEVs flattens at roughly 17-19% from 2035 through at least 2050, according to EIA projections. And while consumer interest in EVs is sensitive to the price of gasoline, the agency predicts an EV market share of less than 30% under even a scenario with oil prices as high as $190 per barrel in 2022 dollars. https://amp.cnn.com/cnn/2023/08/20/cars/electric-cars-sales-gas-cars-dg/index.html