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TM - What To Expect For Electric Car Sales In 2020
Toyota Motor Corporation
This article first appeared on trend Investing on November 23, 2019; therefore all data is as of this date.
H2 2019 has seen global electric car sales suffer their first bout of weakness after ~5 years of a strong sales boom. Most of the boom was led by China, and the recent slowdown is also led by China.
To get a feeling for what will happen in 2020, first I will look at the reasons for the H2 2019 electric car sales slowdown, and next what is coming in 2020. From this we can