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More 2023 trends: EVs, onshoring, and the three ages of decarbonization

Catalyst with Shayle Kann

00:00

Is EVs the Future?

The overall passenger vehicle sales since the peak in 2017 of decline from whatever it is to 85 million to 68 million or thereabouts. There were 10.6 million electric vehicles, including plug-in hybrids sold last year. That's like a 30% decline over six years. If we don't see not just sort of new champion drivetrains, but also do we see new champion companies? We really haven't had new breakout global high-quality automakers since probably the Korean companies were doing this in the 1980s and 1990s.

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