Electric Vehicles Have a Problem
<p>Electric vehicles are expected to take the world by storm. Europe is anticipating the takeover will be in full swing by 2030, while the U.S. has a similarly-ambitious plan of banning combustion engines by 2035. But there’s a problem: they aren’t really selling.</p>
<p>Sure, Tesla is seeing higher sales figures than ever before, but legacy automakers can’t say they’ve seen the same success. Take the Ford’s Mustang Mach-E, for instance. Despite historically being the best-selling non-Tesla EV, demand has seemingly capped out at ~40,000 units per year, despite the company recently increasing the model’s yearly production capacity to 210,000.</p>
<p><a href="https://medium.com/tech-topics/electric-vehicles-have-a-problem-9c3b5c8a999b"><strong>Read More</strong></a></p>