Insight
Electric vehicles: 5 things to look for in 2022
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Report summary
Electric vehicles (EVs) set records in sales (6.5 million) and sales share (9%) globally in 2021. Is the EV party set to continue in the new year? Here are five issues to watch in 2022. The chip shortage has been rampant with no signs of slowing down. EVs have bucked the shortage issues and have been stronger than ever. The world’s largest automaker – Toyota – announced a plunge into the EV world. Europe, China and the US all have strong messaging around supporting EVs. How much of it is going to materialize? There has been a battery supply crunch for two years now. Will that continue? How will all this affect EVs? Read more to find out.
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