There is no doubt that more and more individuals around the world are making the switch to drive electric cars.
But in each market, EV manufacturers face different concerns from customers, which directly relate to that country’s appetite towards switching to electric vehicles.
For example, Chinese consumers have the greatest appetite for EVs; while Japanese consumers have the greatest distaste for combustion engine vehicles.
The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.