Posted on: March 17, 2022 04:01 PM

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CAGR means compound annual growth rate

That means the number is at 24.5% for the global market with electric vehicles between 2022 and 2028. However, to dominate the market, the number needs to be over 50% and it's a long way to go, maybe by 2050. By 2030, Maserati will be all electric, the company announced.

Politicians are funded by manufacturers to speed up to get into people's brains to wake up to buy EV.

Market Size in 2021 - $185 billion

Projected Market Size in 2028 - $980 billion

The new electric vehicle that's seen on the road in Queens and Long Island is Karma after Tesla apart from the common brand names.

This is the highlight. The expansion of the electric vehicle market has been helped by public awareness campaigns promoting the use of electric vehicles as well as an increase in the number of electric vehicle manufacturing plants.

Read the long link,

https://www.globenewswire.com/news-release/2022/03/15/...