Technology, Transportation and Production

Electric vehicle sales to make 2/3 by 2040

by Azerbaycan24

Passenger electric vehicle (EV) sales are projected to increase sharply, rising from 3 million in 2020 to 66 million in 2040, Report informs referring to Bloomberg.

Globally, EVs will represent more than two-thirds of passenger vehicle sales in 2040. Electric vehicle adoption is accelerating thanks to improvements in battery density and cost, more charging points, and government policies that make driving dirty cars more complicated. Europe and China are leading the transition.

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