Through continuous improvements in battery technology and cost, those local differences will become less pronounced, and electrified vehicles are expected to gain more and more market share from conventional vehicles. At the same time, it is important to note that electrified vehicles include a large portion of hybrid electrics, which means that even beyond 2030, the internal-combustion engine will remain very relevant. In 2030, the share of electrified vehicles could range from 10 percent to 50 percent of new-vehicle sales. Adoption rates will be highest in developed dense cities with strict emission regulations and consumer incentives . Sales penetration will be slower in small towns and rural areas with lower levels of charging infrastructure and higher dependency on driving range.
- However, more recent reports confirmed the opposite; namely that the automotive industry was slowing down even in BRIC countries.
- AIAG membership includes leading global manufacturers, parts suppliers, and service providers.

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