The US could end up running on gasoline forever, leaving electric vehicles to China and Europe
Electric vehicles' sales growth worldwide has badly lagged predictions from 2010. In 2019, EV sales make up only about 2% of global sales. The failure of EVs to gain sales in the US reminds me of diesel-vehicle sales, which have also been meager. Europe runs on diesel, but Volkswagen's Dieselgate scandal could make EVs a bigger part of the market there.
Electric vehicles' sales growth worldwide has badly lagged predictions from 2010. In 2019, EV sales make up only about 2% of global sales. The failure of EVs to gain sales in the US reminds me of diesel-vehicle sales, which have also been meager. Europe runs on diesel, but Volkswagen's Dieselgate scandal could make EVs a bigger part of the market there.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Burger King to launch meatless burgers across Europe and test more Impossible burgers in the USThe Restaurant Brands International chain is launching a vegetarian burger in more than 20 markets across Europe on Tuesday.
Read more »
U.S. oil sinks 1% to start weekly trade as China-U.S. trade tensions flare upOil futures head lower Monday as recent developments in Sino-American trade negotiations reignite some fears about demand for energy assets in the face of a prolonged tariff scuffle.
Read more »
Asia to trade cautiously as US-China trade war dominates market focusThe United States and China are working to sign what the White House has described as a 'phase one' trade deal.
Read more »
Oil slips on jitters over U.S.-China trade talks progressOil prices fell on Monday on renewed caution over the prospects of a trade deal ...
Read more »
Oil drops more than 1% on concern over U.S.-China trade warOil prices fell more than 1% on Monday amid concerns over the prospects of a tra...
Read more »
Asia stocks set to trade cautiously amid US-China trade jitters and unrest in Hong KongStocks in Asia were set to trade cautiously on Tuesday amid concerns over the state of U.S.-China trade negotiations as well as a recent escalation of violence in ongoing protests in Hong Kong.
Read more »