Investing in the EV ecosystem
Introduction One of the biggest changes in our lifetime is likely to be the shift from petroleum-powered engines to electric vehicles (EVs). According to research provider Bloomberg New Energy Finance (BNEF), 1.7 million EVs were sold worldwide in 2020, representing just 2.7% of new car sales. By 2030, however, BNEF predicts annual global EV sales will hit 26 million –