Electric vehicles are no longer a niche segment of the automotive industry, approaching 2 million in annual sales. Automakers are now committing billions toward securing raw materials and battery supplies, designing platforms, and building manufacturing capacity for electrified vehicles. However, as governments around the world roll back subsidies while tightening environmental regulations and forcing automakers to sell electric vehicles, automakers face the challenge of making electric vehicles profitably at a large scale. This report analyzes a decade of electric vehicle data to determine how electric vehicles compete with performance from internal combustion engines on metrics like range, price, charging speed, and others.
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