The market for light duty vehicles (LDVs) is changing rapidly due to innovations in autonomous and connected vehicle systems and advances in battery energy density and cost. Autonomous and connected vehicle technologies will likely encourage greater use of shared vehicles and increased use of LDVs. Meanwhile, the transition from liquid fuels to electricity is expected to transform the retail fuel sector as well as utility roles in transportation energy supply. These technologies are in their infancy and will take decades to mature. Yet, as they do, LDV travel and the pool of industries that support it will change dramatically. Declining costs have positioned the battery EV (BEV) for market success in the years to come. Long-range BEVs are now competitive in price among economy brands after subsidies. This milestone marks a threshold likely to move BEVs from a niche vehicle option to the next vehicle option for many consumers. Additionally, the over 400,000 preorders of Tesla?s Model 3 indicate that the affordable 200-plus mile BEV will have a big impact on the vehicle market. Tesla?s massive preorder numbers may indicate initial reactions to the upcoming long-range BEVs will beat industry expectations. Alternatively, these numbers could be a response to the company?s hype machine?and they may overstate the long-range BEV opportunity. This Navigant Research report provides forecasts, market sizing, and market share analysis for the overall LDV market and light duty hybrid EVs (HEVs), plug-in hybrid EVs (PHEVs), and BEVs. Global forecasts for annual LDV sales and vehicles in use are driven by scenario forecasts on battery prices, oil prices, and autonomous mobility system (AMS) penetration within the LDV fleet. Forecasts are provided by segment under conservative scenario conditions, aggressive scenario conditions, and the average result of 24 scenario combination conditions. Core model scenario forecasts are also provided alongside HEV, PHEV, and BEV sensitivities to each major scenario forecast condition.