ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants
Green Car Congress
JUNE 29, 2021
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
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