- The electricity-powered and autonomous future of transportation is arriving. EVs are fast taking market share after more than a century of internal combustion engine dominance.
- Last year, EVs commanded 8.3% of the global car market, almost doubling their 2020 share and more than tripling their share from 2019.
- EVs are already the fastest growing automotive segment — annual EV sales more than doubled to reach 6.8m vehicles in 2021, representing all the global auto market’s net growth for the year.
For further details see:
Is It The Right Time To Buy Electric Vehicle (EV) Stocks?