Internal combustion engine (ICE) vehicle sales are likely to have peaked last year , according to Felipe Munoz , a global automotive analyst at Jato Dynamics . His forecast came as demand stalled in the world's three largest markets and as manufacturers increase electric vehicle ( Jato Dynamics ) production. Demand for EV vehicles had been predicted to grow until October . But Munoz said that it was likely to have peaked in 2018 , based on global sales in October , alongside estimates for last year . Selling combustion engine cars to customers — this will not grow in the future Falls in production for October of between 0.6% and 1% have been predicted.
Internal combustion engine (ICE) vehicle sales are likely to have peaked last year , according to Felipe Munoz , a global automotive analyst at Jato Dynamics . His forecast came as demand stalled in the world's three largest markets and as manufacturers increase electric vehicle ( Jato Dynamics ) production. Demand for EV vehicles had been predicted to grow until October . But Munoz said that it was likely to have peaked in 2018 , based on global sales in October , alongside estimates for last year . Falls in production for October of between 0.6% and 1% have been predicted.