Some intend making ICE cars until 2035 to 2040 which is further than 10 years away.
Also in regards to Australia, the used car market is far bigger than the new car market and the average age of cars on our roads is circa 10 years. A small percentage of cars sold this year will be around in 20 years. Cars sold next year a slightly bigger percentage etc etc. By 2030 a good percentage of those cars will still be on the road in 2040.
Realistically it will likely be a 50/50 market of ICE to EV in 2040.
New car sales are around a million a year here. 20 million cars registered in Australia. It will take sometime to replace ICE vehicles.
Good News & Bad News, page-84
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