Electric-vehicle sales are poised to more than double by 2026 but eliminating emissions from road transportation by the middle of this century will require even greater efforts, according to BloombergNEF. The research firm sees shipments of plug-in passenger vehicles surging to around 27 million from 10.5 million last year as sales jump in China and the US. That's offsetting slower growth in Europe, where tight supply chains and a cost-of-living crisis are weighing on demand. While shipments of combustion-engine passenger cars have peaked six years ago, it'll take time to replace the roughly 1.

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