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The U.S. is falling further behind China and Europe in electric-vehicle production
Source: CNBC
The U.S. lags behind China and Europe when it comes to production and uptake of electric vehicles domestically, according to a new study by the International Council on Clean Transportation — and that gap widened from 2017 to 2020.
The world manufactured more than 10 million electric passenger vehicles between 2010 and 2020, according to the study. At the end of 2017, automakers based in the U.S. had churned out 20% of the global stock. By 2020, U.S. automakers represented just 18% of the cumulative number of EVs produced since 2010, while share of production rose in China and Europe.
