Projected distribution of the worldwide car parc by powertrain 2020-2030
Internal combustion engines are forecasted to remain the leading powertrain worldwide through 2030, amounting to 63.9 percent of the car parc in 2030. However, ICE's market share dropped by a compound annual growth rate of 4.1 percent between 2020 and 2030. Battery-electric vehicles are projected to be the second leading segment, growing to hold over 21 percent of the market in 2030.