What 2021 Could Hold for the EV industry
Although 2020 saw the world face a global pandemic as well as the worst economic crisis in close to a century, the nascent electric vehicle (“EV”) industry enjoyed increasing sales throughout the year. EV companies launched more than 34 new plug-in vehicles, and pioneering EV maker Tesla became the most valuable car company in the world. With 2020 now behind us, what does 2021 hold for the EV industry? Electric pickup trucks. With a 20% market share, the pickup truck is the most popular vehicle in the United States. Americans love their pickup trucks, and several EV makers have concluded…