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AXA Investment Managers

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Electric vehicles – approaching the tipping point

Electric vehicles – approaching the tipping point

The pace of adoption of electric vehicles (EVs) has been phenomenal. The penetration rate is already significantly ahead of many forecasts, with EVs’ share of passenger vehicles exceeding 14% in October, driven by year-on-year sales growth of 74% in a market that was otherwise down. And the rate of adoption ...

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