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The 24 Million Electric Vehicles of 2020, Reveals IDTechEx

October 19, 2020 · WoREA · World of Renewables
auto industrys use lithium ion batteries grow seven fold 2025

The electric vehicles market across land, sea and air will be 24 million unit sales this year, which represents a decline of roughly 19% year on year from the impact of COVID-19. Urban vehicles such as electric cars and two-wheelers have the highest unit volume, battery demand and motor demand, and, as consumer-driven markets, bear...

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