Electric vehicles, prized for their acceleration, are speeding up. Bloomberg NEF estimates the global electric vehicle market will this week pass the milestone of 4 million sold to date, according to a report published on Thursday. Having taken about five years to get to the first million, the last million were sold in about six months.
Four million vehicles sold in the space of about seven and a half years doesn’t sound like a lot; mainly because it isn’t: Light-vehicle sales worldwide totaled almost 590 million in that time.
But if you aren’t looking at the rate of change, as opposed to just the overall absolute numbers, then you risk being left behind… CLICK for the complete article
