While Europe and China have a wide variety of electric vehicle (EV) options, the US market offers fewer choices due to the profitability focus of American automakers on trucks, SUVs, and premium models. China dominates the global EV market, accounting for about 60% of new passenger EV sales this year.
Estimates suggest that China will produce 60 percent of the EVs sold on earth this year. So why can't you see any zooming down the street if you live in America?
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While Europe and China have a wide variety of electric vehicle (EV) options, the US market offers fewer choices due to the profitability focus of American automakers on trucks, SUVs, and premium models. China dominates the global EV market, accounting for about 60% of new passenger EV sales this year.