By David Fessler Back in 2013, my wife and I leased our first electric vehicle, a Nissan Leaf. At that time, we were one of only 220,000 EV owners worldwide.
By the end of last year, that number had exploded to 4.79 million. That’s a compound annual growth rate of 55.29%.
Every automaker on the planet is clamoring to get into the sector. With that growth rate, I’m not surprised.
There’s just one hurdle that needs to be addressed for the EV takeover to truly take off: charging infrastructure.
Any company that solves this problem will likely see big gains, leaving plenty of room for investors to …read more
