The Long & Short of It

Hybrid Acceleration

01 JUL 2019
TOPICS: Cars | Clean Tech and Renewables

While expectations for electric vehicles have been scaled back since 2017, one segment of the market is powering forward: hybrids. So why the demand for vehicles that combine an electric motor and a traditional internal combustion engine? Goldman Sachs Research says hybrids will bridge the gap over the next decade until battery innovations make fully electric vehicles more affordable and convenient. Against a backdrop of more stringent environmental policy, our analysts expect electrified or hybrid vehicles to account for 35% of global auto sales by 2030.

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