“Goldman Sachs estimates that EVs will make up about half of new-car sales worldwide by 2035, according to a research report published Feb. 10. Noel expects Ford’s Gulf roll out to go “exceptionally well.” “We’ve seen adoption rates in some of the Middle East markets exceed the growth curve that the industry data had projected. Israel is already at 10% for battery electric vehicles,” he said. “It’s actually quite surprising considering the acquisition cost that they’ve achieved that level of penetration so quickly.” 

Ford’s First Electric Vehicles for Gulf Region Coming Next Year [Bloomberg]