The latest EY Mobility Lens Forecaster, an AI-powered model tracking light duty vehicle sales through 2050, suggests battery electric vehicle (BEV) sales will exceed 50% across Europe, China and the US by 2034. Hybrids and plug-in hybrids are expected to retain around 30% market share until 2036, acting as a transitional technology. In contrast, Europe’s EV sales are expected to surpass petrol and diesel by 2028, crossing 50% by 2032. Ireland is showing signs of strong recovery in its EV market. In the US, hybrids are expected to peak at 34% of sales by 2034, while China will remain the largest EV market globally despite a gradual decline in market share.