EV sales aren’t ‘lagging’ – they’re headed for long-term growth
Baua Electric
JUNE 12, 2024
ICE vehicle sales peaked in 2017 and by 2027 are 29% lower than their peak in the report’s outlook. To meet the growing EV electricity demand, the charging industry will need to mature rapidly over the next decade. Only China (60%) and Europe (41%) are above that global average by then. ICE vehicle sales have peaked. Between $1.6
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