New car sales...EVs aren't a solution for everything either, esp when it comes to heavy duty trucks, but they can cover at least 80-90% of the light market.
Do you mean 50% of all vehicles on the road or 50% of new car sales in 2029. The former not a chance that will take way longer to get the middle of the county to transition. 50% of new car sales I still doubt it in 5 years. First quarter 2024 sales were 7.3% of the market. There are only 40 EV models for sale this year compared to how many ICE models? It will of course grow each year in models available and sales. I see more like 2040 to get to 50% new EV sales and longer to get to 90%. I doubt it will ever be 100% and lets not forget any competing non-ICE vehicles that may pop up in the next 20 years that could compete with EV.