With the global energy transition in full swing, few clean energy sectors, if any, are expanding faster than the electric car market. A decade ago, a grand total of 130,000 EVs were sold globally; fast forward to the present, and nearly a similar number are sold in just a week. Last year, EV sales accounted for 10% of the global light-duty new vehicle sales, compared to just 2.
5% in 2019. Electrifying America's vehicles is regarded as a critical part of combating climate change since the transport sector is known to be one of the biggest polluters…Oil Demand In Transport Sector May Drop By Up To 50% By 2050
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