Electric vehicles only represent about ten % of global vehicle sales to day. But that number is likely to reach forty percent by 20 30, annual sales of up to 40 million of them. There's 200 nd 82 new gigo factories should come on line world wide by 20 31 - but when you dig a bit deeper, there are certain problems. Giggo factories take three years to build and require longer to get up to full capacity,. Just because you'd have to get everything sorted out and o working properly. The other problem, as well as capacity, is much of the manufacturing of batteries that heavily dominated in china. China now has 80% of the world's current sell manufacturing capacity