DIGEST
DIGEST
“ WHAT ’ S IMPORTANT TO UNDERSTAND IS THAT , UNLIKE THE PASSENGER CAR MARKET , YOU DON ’ T NEED A FUELING STATION AT EVERY CORNER ”
JAWAD KHURSHEED CEO , HVS SYSTEMS
GLOBAL EV MARKET GROWTH OVER TIME
Globally , passenger EV sales are reaching 15 million , which is almost 15-fold the number of electric cars on the roads in 2016 . In 2023 , the market is predominantly occupied by China with Europe the second-highest producer . Since 2021 , the number of EVs has doubled .
EVMAGAZINE . COM [ Sept 2023 ] 25