### Powertrain Options: Balancing Power and Efficiency
Environmental and Economic Impact
The environmental impact of powertrains is a critical consideration in the modern automotive industry. While ICEs contribute significantly to greenhouse gas emissions, hybrid and electric powertrains offer a path to reducing the carbon footprint of transportation. Moreover, the shift towards electrification is expected to stimulate economic growth in sectors related to renewable energy and battery production. According to a study by BloombergNEF, electric vehicles could make up 58% of global passenger car sales by 2040, driven by declining battery costs and supportive policies5.