EV Market Share

Rivian Aims for 10% EV Market Share by 2030 as Production Ramps Up: CEO

Rivian Automotive CEO R.J. Scaringe said on Thursday that the electric vehicle (EV) startup is “making progress” with the ramp-up of production at its Normal, Illinois, assembly plant — reports Reuters. “We’re absolutely making progress,” he said of the company’s push to boost vehicle production while speaking at the Wolfe Research Global Auto, Auto Tech, and […]

Electric Vehicles Hit Record U.S. Market Share in 2020, Says IHS

According to IHS Markit, a big name in information and data analytics, new electric vehicle (EV) registrations in the U.S. during 2020 hit an all-time high market share of 1.8%, reinforcing the belief that electric cars are the future with growing consumer demand. Electric vehicle (#EV) registrations in the US in 2020 reached record market share […]