Understanding the electric vehicle market has become increasingly important over the past several years as EV sales have really started to explode. Looking forward, EVs are likely to become a larger part of the overall economy, presenting a significant opportunity for investors. The International Energy Agency reported that in 2024, 20% of new cars sold were electric vehicles. They expect this number to grow to 40% by 2030, positioning EVs as a clear growth market. However, the path to this is not likely to ...