The global market for electric vehicles made significant progress during the last 10 years. According to recent figures, the quantity of light electric vehicles (or EVs as most people call it) reached over 2.2 million units in 2019-2020, which is 9 percent higher than in 2018.
However, sales still declined in the United States and China, two of the largest EV markets worldwide. Even then, the Global EV Outlook, a yearly publication showcasing the latest developments in electric mobility still consider 2019 a banner year for this industry.
As the world recovers from the Covid-19 pandemic, industry experts see a brighter future in the years to come. [Read more…] about Electric vehicles and their impact on the environment