Sales of electric vehicles (EVs)—particularly plug-in hybrids and full battery electrics—are growing faster than expected, according to a study released earlier this year by the Boston Consulting Group. EVs currently represent about 8 percent of global vehicle sales, but they will account for a third of sales by 2025, according to the report. Moreover, EV sales could even surpass sales of gas-powered vehicles by 2030, taking 51 percent of the market.