Written by Yiming Wang The Rise of the Electric Vehicle Industry Background of the electric vehicle industry Nowadays, the rapid growth of the electric vehicle industry has become an inevitable trend all over the world. In 2017, the sales volume of Plug-in Electric Vehicle is only 17,763 in the U.S. However, the number has been through a more than 18 times growth to 326,644 in 2019. In 2020, one single company, Tesla, will achieve 500,000 electric vehicle deliveries by the end of the year. With the progress of battery technology and the breakthrough in autopilot development, the electric car is more and more efficient and convenient than before. In this trend, several new companies are standing out, who deliveries superior products and redefine the value of the electric vehicle. The outlook of the industry Although the market share that electric vehicle has taken is still limited, the potential growth is … Continue reading Story of Interest