Even though electric vehicles still make up a minority of the total market, last year EVs snagged a 14 percent share of vehicle sales worldwide. That’s the highest we’ve ever seen. Virtually every automaker has an EV in its lineup these days, or will soon have one, with some companies planning on going fully electric within the next few years.
Historic American brands like Ford and Chevrolet are making huge strides in the EV space, while companies like Lucid, Rivian, and Tesla continue to roll out products as buyers clamor for more. Between now and 2026, the market is expected to explode with hundreds of new EVs.
