The graph below is Professor Ray Wills forecast about the transition from ICE to pure electric vehicles. It is quite an aggressive forecast but it makes sense if you read the entire article linked here: https://thedriven.io/2020/07/06/tesla-trumps-toyota-and-signals-end-of-ice-age-for-two-trillion-dollar-industries/ Hybrids are likened to the fax machine; they are a stepping stone to a more fundamental change. One prediction is that EVs will reach price parity by 2025 and then decimate fossil fuelled vehicle sales. The final paragraph in the article is confrontational. "In short, it’s the end of the ICE Age (internal combustion engine). That’s two trillion-dollar industries that Elon Musk’s upstart has overturned, with a third – electricity – coming next. But it will probably take an electric ute – from Tesla, Rivian or even GM, before the penny drops for some."