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Electric Vehicle Production: Life in the Fast Lane

September 14, 2018

You can say one thing about the future of the automotive industry: Everything’s electric.

Electric vehicle sales in the U.S. last year reached nearly 200,000, a more than 25 percent jump from 2016.1 China did even better with 770,000 vehicles sold – a more than 50 percent increase from the previous year.

We aren’t likely to see a slowdown anytime soon: One in six new cars sold worldwide in 2025 is expected to be electric. And by 2040, it is estimated that half of all new vehicle sales worldwide will be electric.

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