Electric Vehicles
🚗 Tony Seba: A future with autonomous transportation means a 75% drop in global car sales
"Over 10 years, you're going to need just one EV for 10 petrol cars," says Tony Seba.
🔥 Electric cars catch fire less often than fossil fuel cars
The fires in electric cars have been steady in the last three years, although the number of electric cars has almost doubled.
🚗 IEA: Electric cars as affordable as gasoline cars by 2025 (but we already knew that)
IEA believes that small electric cars will soon be cheaper to buy than their gasoline counterparts. But for another category, they think it will take many more years.
🚗 First time: An EV is Europe's best-selling car
During the first quarter, it happened! An electric car tops the list of new cars in Europe.
🔋 Tesla Model Y is Sweden's best-selling car
During the first quarter of 2023, an electric car became the best-selling car for the first time. Tesla Model Y came in first, ahead of Volvo XC40 in second place.
🚘 Internal combustion engine car sales peaked in 2017
Global auto sales rebound, but internal combustion engine (ICE) vehicles may never return to pre-pandemic levels. Electric vehicle adoption is accelerating in China, Europe, and the US, indicating a significant shift toward a sustainable future.
💰 Electric vehicles surpass $1 trillion in global sales
Annual spending on passenger EVs surged by 53%, reaching $388 billion in 2022. In total EVs for more than one trillion dollars have been sold.