moment, or at least when his vision of mass use of electric cars finally takes hold.
"There's pent-up demand for electric vehicles," said Sam Jaffe, managing cirector of Cairn Energy Research Advisors. "We will see a combination of factors make 2021 an inflection point for the sale of electric vehicles." Ford Motor Executive Chairman Bill Ford, left, and actor Idris Elba next to Ford's all-electric Mustang Mach-E GT SUV at Jet Center Los Angeles in Hawthorne, California on Sunday, Nov. 17, 2019. Elba, who previously worked at Ford Motor Co. in the 1980s, helped introduce the vehicle to the public.Production of electric vehicles is estimated to climb to at least 1.3 million and could reach 1.5 million depending on market conditions this year, according to Bernstein analyst Mark Newman.
Jaffe says there is a wave of electric vehicle production coming from Europe that will spur greater sales. "The European automakers and Tesla are all adding capacity and that will really have an impact starting next year," said Jaffe. Tesla's next final assembly plant outside of Berlin is scheduled to begin production of the Model Y by the middle of next year.
Yawn
Huh? Surge in 2021? Forgot abt C19 pandemic? That’s pretty hardsell stuff even for CNBC. 😂😂😂
One report by.... 'Cairn Energy Research Advisors, a research firm focused on the battery and EV industries...' is the basis of this prediction. Can you add any info on their past reports and how those compared against actual data?
LueyWorld thefunkytrader BLXCKAMIR
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