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Sunday, January 27, 2019

2019 Electric Vehicles #EV’s Sales expected to go up by “only” 40%

Electric vehicle sales are Charging Ahead
In 2019 Electric vehicle sales are expected to go up by “only” 40%

There are now almost 5 million passenger electric vehicles on the road globally (over 5 million including buses and other commercial vehicles). We expect another 2.6 million to be sold in 2019. This will represent around a 40% growth rate, down from the 70% growth rate in 2018. China will again lead, with some 1.5 million of those sales, representing around 57% of the global market.