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EV

Fossil-fuel power is out; EV adoption is on the rise

A global ban due to be enforced on fuel-powered car production by 2030 has resulted in the exponential growth of the alternative vehicle market in recent years. The UK now has more than 395,000 all-electric cars on its roads, while plug-in hybrid models have exceeded 740,000. The Chinese electric vehicle (EV) market is also proving successful, topping 3.52 million EV sales from companies like Aiways, SAIC, FAW, Dongfeng, Chana, BAIC, GAC, Chery, BYD and Geely. In the US, alternative fuel cars account for around 10.5% of light vehicle sales.