market forecasts

Given the daily churn of electric-car announcements, major manufacturing investments, and battery supply-chain news, it could be a little hard to understand one reality-check projection: that even in 2030, a solid majority of vehicles sold could still burn fossil fuel. Last week, LMC Automotive, a consulting firm with a strong reputation for its market forecasts, rounded up some of its current estimates. It anticipates that in the U.S. non-hybrid internal combustion vehicles will still make up 69 percent of the new-car market in 2030. DON’T MISS: Electric cars "not going to work," Trump...