Five key factors behind EV consolidation

January 25, 2021

Global electric vehicle sales increase by 43% in 2020, with large shifts seen in markets such as Norway and the Netherlands. According to Forbes, there are five key factors driving the mass adoption of EVs in the market: technology, emissions regulations, cost, the fast-charging market, and lastly the environment. “The growing evidence that the myths fed by the oil companies were false: electric vehicles are cleaner regardless of the origin of the electricity they consume.” (Source: Forbes) Read the original story…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

Related Articles
Share via
Copy link