Despite its relative youth, the electric vehicle (“EV”) industry has made a lot of progress, especially in Europe. Several European countries have pledged to phase out internal combustion engine (“ICE”) vehicles in exchange for zero-emission electric vehicles over the next few decades, with Norway leading in terms of EV market share (54%). According to automotive industry analyst Schmidt Automotive Research, 2021 may be a good year for battery electric vehicles (“BEV”), with EV sales in Western Europe, which includes Britain, Germany, Norway, Italy, Spain, and France, projected to surpass more than a million units.
Sales will slow as the world and especially the heavily affected automotive industry recover from the coronavirus pandemic. After that, the EV sector will see its market share rise to 13% in 2025, Schmidt Automotive Research says. EV makers will sell more than a million zero-emission electric cars in 2021, achieving a market share of 8.5% of a total of 12.3 million cars, up from 6.7% in 2020. Sales will drop to 1.18 million units…
NOTE TO INVESTORS: The latest news and updates relating to Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) are available in the company’s newsroom at https://ibn.fm/MOTNF
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenCarStocks.com
Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer
Green Car Stocks
San Francisco, California
www.GreenCarStocks.com
415.949.5050 Office
[email protected]
Green Car Stocks is part of the InvestorBrandNetwork.