DESPITE WORRIES OF A GLOBAL AUTOMOTIVE SLOWDOWN, EV REVENUES ARE EXPECTED TO GROW BY 2020

Highlights:

• Expectedly in 2020 sales of electric vehicles shall rise exponentially.
• China expects a stagnation or decline in car sales in 2020
• American consumers are moving from purchasing cars to trucks as well as SUVs

Global car sales fell last year to nearly 90 million. In 2018, this is below more than 94 million, and the previous year is 95 million. Although the forecasters point ou....