EV market share in 2030?

Chance

Above 10%

Above 20%

Above 30%

Expectation

Above 30%

Expectation

Above 50%

Rules summary for

Above 50%

If the share of electric light-duty vehicles sold is above 50% in Jan 2030, then the market resolves to Yes. Outcome verified from Argonne National Laboratory.

Timeline and payout

About

The electric vehicle (EV) market is experiencing rapid growth, driven by increasing demand for alternative fuel vehicles and supportive government policies. By 2030, the global EV market is projected to reach $1,579.10 billion, with a compound annual growth rate (CAGR) of 17.8% from 2023 to 2030. Governments worldwide are implementing strict emission regulations and offering incentives to boost EV adoption, which is expected to continue driving market growth.