Electric Vehicle Materials - Act Now Or Miss The Opportunity!
Since their accelerated growth began in 2015, 2019 saw two of the top three regions selling electric cars plateau as a short-term transition from 'carrot' to 'stick' unfolds. In China, serious subsidy phase-outs, amid relaxing of internal combustion engine bans (to stimulate overall car sales), are to blame. Similarly, growth in the US has been underpinned by Tesla, whose tax credits were slashed mid-year as quotas were reached.