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VWAGY - U.S. Electric Vehicle market set to achieve record sales in 2021 - Edmunds

According to Edmunds, EV sales were 1.9% of total retail sales in the U.S. in 2020 and expect this number to grow to 2.5% in 2021."After years of speculation and empty promises, 2021 is actually shaping up to be a pivotal year for growth in the EV sector," said Jessica Caldwell, Edmunds' executive director of insights. "We're not only about to see a massive leap in the number of EVs available in the market; we're also going to see a more diverse lineup of electric vehicles that better reflect current consumer preferences. And given that the new presidential administration has pledged its support for electrification, the U.S. is likely to see incentive programs targeted at fostering the growth of this technology further." Edmunds analysts expects 30 EVs from 21 brands should be available for sale this year vs. 17 vehicles from 12 brands in 2020. As per Google Trends data, consumer

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U.S. Electric Vehicle market set to achieve record sales in 2021 - Edmunds
Stock Information

Company Name: Volkswagen AG ADR Repstg 1/10th Sh
Stock Symbol: VWAGY
Market: OTC

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