The electric breakthrough. The EV market finally comes of age.

9 ISSUE - May 26, 2021

The electric vehicle (EV) market increased drastically in 2020. Sales, market share and other industry indicators all hit record highs. EV penetration more than tripled between 2017 and 2020 to
reach 4.7% of total vehicle sales. 50% of all potential car buyers are now considering a battery EV – compared with 35% in ADR1 (Jan 2017). In the new ADR 9 issue, we take a closer look at these figures and analyze four developments regarding the shift to autonomous mobility: Commercialization of autonomous mobility services; growing competition in the EV market; OEMs fall behind as new players enter software market; and the rise and rise of Tesla.

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