How electric cars will move from niche to disruptor

How electric cars will move from niche to disruptor

From woodmac.com

Electric vehicles sales shot the lights out in 2021, surpassing all expectations. Is this the long-awaited sign of accelerating disruption in transportation? I asked Ram Chandrasekaran, Principal Analyst, Transportation for his latest thoughts. What happened in 2021? EV sales were 6.5 million, more than double the previous year’s, and well above our forecast of just under 5 million. EVs’ 9% share of global light vehicle sales in 2021 is the first substantive challenge to 100 years of dominance by ICE vehicles. China and Europe accounted for 84% of sales with subsidies a big factor, while the global shortage of ... (full story)

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