Every new passenger car sold in the world will be electric by 2040, says Exxon Mobil CEO Darren Woods.
Will all cars be electric eventually?
By 2040, roughly half of the vehicles on the road will still be powered by fossil fuels, but all new vehicles sold will be EVs.
How much longer will gas cars be around?
Cars last around 15 years, so it will take us to 2050 before we get rid of most of the gasoline-powered cars. Drivers will be willing to wait 10 to 15 minutes to charge their cars so they can drive 200 more miles. But if they have to wait much longer, they will not be happy.
How long until majority of cars are electric?
California made it official last week — the state will ban sales of gasoline-powered new cars after 2035. Gov.