EV Sales by the Numbers

What’s happening? Ev sales increased 41% during the pandemic as car sales overall dropped 16%

Why is this important? The future of EV sales includes:

• Germany extending incentives for EVs through 2025 + doubling consumer incentives
•  116 million electric vehicles will be on the road by 2030 by Bloomberg estimates
• 145 million EVs in use 10 years from now according to International Energy Agency estimates

How will this be important? 230 million EVs on the road by 2030 according to the International Energy Agency if more aggressive climate standards are enacted

NASDAQ | Investors tap into new opportunities as EV sales surge