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Electric Vehicle sales increased 109 percent in 2021, China and Europe set the pace

News Snapshot:

Electric vehicle sales increased 109 percent in 2021 compared to 2020, a new report from analyst firm Canalys indicated. As the all-electric vehicle sector continues to heat up with competition, EVs made up 9 percent of the total automotive sales globally last year, a sharp increase from the year prior. China and Europe continue to lead other regions in EV adoption, with both areas making up 85 percent of the total global EV sales in 2021. The report, released earlier today, indicates the global electric vehicle market is continuing to expand at a rate that many analysts cannot comprehend. Two…

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