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12/11/2019

It May Be A Long Time Before Electric Vehicles Go Mainstream

Source: Fleet Management Weekly

Electric mobility may be growing at a rapid pace around the world, but it could be some time before e-cars go mainstream.

As greater importance is placed on reducing carbon emissions, more countries are providing incentives to build integrated infrastructure, and to encourage drivers to switch to electric vehicles.

Chinese automakers Beijing Electric Vehicle and BYD, U.S. electric carmaker Tesla and Japan’s Nissan were the top producers. Together, they manufactured approximately 560,000 of the world’s fully electric cars. Still, this number accounts for less than 1% of the one billion vehicles being driven today.

Read the article at CNBC.

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