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There’s no denying that the EV market is steadily growing over the past few years. But there’s also no denying it needs a firm kick up the backside to get where we need it to be in order to detangle ourselves from Big Oil.
So it’s lucky, then, that we’ve had a slew of clever people working to iron out some of the initial issues with EVs, and therefore their slow uptake. According to the International Council on Clean Transportation, EV sales in Europe grew 143% in 2020 compared to 2019, taking EV purchases to 11% of total new vehicles bought. And by 2035, the expectation is that 100% of new cars sold in Europe will be electric. While in China, the growth of EV sales in 2021 compared to 2020 hit 160% to total 3.4 millions vehicles. Conversely, in the US in 2021, EVs made up only 3% of total vehicles sold. And in Australia and Peru it was even worse, with only 1.9% and 1% of new vehicle sales going to EVs, respectively.