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✉news LifeAutos first seen 16 h ago, last 12 h ago, peak #19

Gasoline Cars Fall Below Half of World Fleet

Original: Gasoline Cars’ World Share Drops to Under 50%, Report Says

A new report says gasoline-powered cars now account for less than half of the world's car share for the first time, marking a symbolic shift in the global auto market. The decline is attributed to the rapid rise of hybrid and electric vehicles, particularly in China and Europe, as automakers accelerate their transition away from internal combustion engines.

Why now: The reported milestone signals a major turning point in the shift from combustion to electric vehicles.

gasoline carselectric vehiclesauto industryChinaEurope

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