The Long & Short of It

Hybrid Acceleration

Published on01 JUL 2019
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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