03 Nov, 23

Is This The Moment Of Truth For The EV Industry?

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A casual glance at key trends in electric vehicle markets suggests that the much-hyped EV revolution is very much alive and well. In the U.S., EV sales are on track to surpass 1 million units by year-end, good for an impressive 50% year-over-year increase. This in turn translates to,  for the second year in a row, EVs making up nearly 10% of all new cars sold in the country. China remains firmly in the driver’s seat with a third of all new vehicles sold this year being electric while global sales have grown 33%. But looking…

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