We are fast approaching a tipping point with electric vehicle adoption. Just a few years ago, the Nissan Leaf, the Chevy Bolt, and Tesla's higher end Model S and model X made up the bulk of EV sales. Things have changed rapidly over the past couple years. Tesla has released its affordable model 3 and seen staggering sales numbers, becoming one of the best-selling vehicles in the country.
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2017 saw a 54% increase in EV (Electric Vehicle) sales over the previous year and continued growth is expected year over year. The IEA, expects electric vehicle sales to grow from 3 million to 125 million by 2030. Some countries have even went as far as to implement bans on producing combustible engine vehicles within the next couple decades. Electric vehicles have finally reached a maturity and price point that makes them competitive with traditional vehicles. It is safe to say that the age of electric vehicles is here.
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