Will Tesla's Cybertruck Really Be As Popular As The Model Y? via insideevs.com
. While some have far lower expectations for the truck, he considers this position to be “based on a blind spot.”
Based on its research, ARK expects the global electric vehicle market share to reach more than 70 percent by 2027, with the US trailing a bit behind this figure. Korus also cites the Energy Information Administration , which forecasts trucks to make up 69 percent of all U.S. vehicle sales by 2050. Still, the forecast also estimates only 10 percent of these will be electric trucks, though ARK disagrees.
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