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How do Governments Drive Electric Car Adoption Around the World?

By Lucidity Insights Research Team October 10, 2023

How do Governments Drive Electric Car Adoption Around the World?

Discover how governments worldwide are steering electric car adoption. From ambitious targets to global leadership, witness the electrifying journey in this video.

Governments, spurred by rising gas prices, propel electric vehicle adoption. Over 30 countries target 30% electrified vehicle sales by 2030, with China leading, aiming for 50% EV stock by 2030, projecting one-third of auto sales in 2023.

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.

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