I need to check that source but I guess is heavily per country. In Southern Europe is under 5%, south from the US border between 0 to 1 % (source: per country C

I need to check that source but I guess is heavily per country. In Southern Europe is under 5%, south from the US border between 0 to 1 % (source: per country Car Makers Association report) Globally, if I recall, you need 20 years to replace the whole global fleet (so around 5% replacement rate). Let’s assume this global number is fixed (installed base is growing, as more vehicles are being created that destroyed, actually) 1/7 is 15%. 15% of 5% is 0,75%. So this means that every year 0,75% of global installed base is replaced by EVs. So 130y for full replacement? Yes, the 1/7 weight will increase. But so will expand base. Even if suddenly today every car made now on the planet is EV only, iCE will still be around for 20-30 years.