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