Published on 29 Dec 2021 on Benzinga
EV Year In Review: 5 Winners And 5 Losers From The EV Space In 2021
The electric vehicle transition was well underway in 2021, as economies slowly but steadily recovered from the aftermath of the COVID-19 pandemic. Consumer sentiment has rebounded from its 2020 lows, helping to lift consumer spending.
Global EV penetration was at 10.4% in October, with Europe leading the way higher, followed by China, Credit Suisse analyst Dan Levy said in a recent note.