The EV revolution is well and truly underway, and the sector continues setting new records. A recent report by the Korea Automotive Technology Institute (KAII) shows that global EV sales exceeded 3 million units in the first three quarters of 2021, a run rate that puts it on course to break 4 million units a year for the first time ever.
BloombergNEF is even more sanguine and expects global sales of electric passenger vehicles this year to clock in at 5.6 million units, good for an impressive 8% of new vehicle sales. China remains, by far, the…Is Lithium The Best Bet On A Overheated EV Market?
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