Electric vehicle (EV) sales have quintupled in four years.
And sales are likely to go on doubling every 2 years because battery costs are following the same steady declining path already taken by solar panels. EV sales are now 0,5% of total global car sales, which means they are just 9 doublings (or 18 years) away from 100% of new car sales. My guess is that it will go faster than that because it's obvious to everyone that global warming is real and a terrifying threat to our civilisation.
Read more here.
Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.
BTW, clicking on most charts will produce the original-sized, i.e., bigger version.