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Technology Adoption: Electric Cars Pass 5% Crucial Tipping Point In 23 Countries

28 Aug 2023 | Abstracted from SCMP

"Countries that cross the tipping point have seen rapid rates of EV adoption, with a median sales growth of 55 per cent last quarter compared with a year earlier

"The newcomers - Canada, Australia, Spain, Thailand and Hungary - join a cohort that also includes the US, China and most of western Europe. The trajectory laid out by these early adopters shows how EVs can surge from 5 per cent to 25 per cent of new cars in just four years."



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