GLOBAL sales of electric vehicles (EVs) in 2019 was around 2.5% of global passenger car sales and is expected to reach 30% by the year 2030, according to the International Energy Association’s (IEA) most aggressive estimates.
The announcements so far from the major car manufacturers indicate that the market for battery EVs will reach a tipping point in 2025 when almost all of them will follow Tesla and produce similar products.
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