In 2023, electric vehicles (EVs) made up 18% of global passenger-vehicle sales, signaling a notable shift in the automotive industry. Driven by technological advances, government incentives, and environmental awareness, the market is projected to see nearly 45% of new vehicle sales being electric by 2030. The article discusses the different phases of EV adoption, from early adopters to potential mainstream success and the challenges like buyer’s remorse that may arise.
