By David Fessler At the end of 2014, there were fewer than 1 million electric cars on the road.
But over the next five years, electric vehicle adoption increased by an average of 60% annually. By December 2019, there were 7.2 million electric cars in operation globally.
(Including mine! I own a Tesla and was one of the earliest voices to champion the company’s stock.)
Today, about 40% of all EVs are in China. But Europe and the U.S. are both experiencing rapid EV growth.
The car-buying public is jumping into EVs in a big way. And utilities have been able to handle the increased load to …read more
