The Digest’s 2025 Multi-Slide Guide to Electric Mobility

A Raymond James report projects significant growth in the global light-duty EV market share, increasing from 22% in 2024 to 45% by 2030. The analysis covers various EV types, including growing adoption in commercial fleets (buses, trucks, vans). It highlights favorable EV economics due to the lower cost of electricity compared to petroleum and falling lithium-ion battery prices. The report also addresses the need for expanded and balanced charging infrastructure.