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The electric vehicle sales surge

Ben Geman of Axios reports on the electric vehicle sales surge.

The C3 Take
  • Electric vehicles are beginning to be sold at a higher pace than internal combustion cars.
  • This surge is due in part to market forces as demand for EVs has been met by an increased supply from manufacturers such as GM, Ford, and Tesla.
  • If the United States wants to increase its electric vehicle fleet we must establish a secure rare earth mineral supply chain that is not dependent on China.

“Over 181,000 fully electric vehicles were sold worldwide in February, which is up 138% compared to February 2020, per Morgan Stanley and data partner EV-Volumes. And January’s numbers were even higher.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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