LRS General Discussion, page-17761

This is a fascinating graph. It would have been useful if the BEV, NEV etc was explained. THIS GRAPH PERTAINS TO CHINESE VEHICLE MANUFACTURE Essentially the projection is that ICEs and PHEVs (ie internal combustion vehicles and plug in hybrids) will no longer be manufactured by 2030. The manufacture of NEVs (ie neighbourhood electric vehicles that have a top speed of 25 mph) and BEVs (battery electric vehicles) will be the only vehicles produced (in China) by 2030.
I expect the rest of the world vehicle manufacturers will follow the same trends. The other major growth areas will be solar panels + battery home storage. The battery home storage demand for Lithium could exceed the demand from the electric vehicle manufacturers.
The key message here is that the world is going electric. Electrification will be the future. The internal combustion vehicles will go the way of the dinosaur -- and quickly. I recently purchased a new Toyota Hilux. I dont think it will have much of a resale value in 2030.