Electric cars (EVs) are taking the world by storm – an electric storm. In 2020, according to the International Energy Agency, there were more than 10 million electric cars on the roads – a 43 percent increase over 2019. Quite notably, during a period when overall new car registrations fell because of the pandemic, global electric car sales share rose 70 percent to a record 4.6 percent of all car sales in 2020.
