13min chapter

Patrick Boyle On Finance cover image

Is the EV Revolution Dead?

Patrick Boyle On Finance

CHAPTER

Current Trends and Challenges in the Electric Vehicle Market

This chapter explores the growth of electric vehicle sales globally, particularly noting the 20% increase in the first half of 2024 driven by China, contrasted with stagnation in Europe and the U.S. It addresses challenges faced by manufacturers such as declining sales, rising competition, and the effects of government incentives on consumer adoption.

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