CXO 0.54% 9.4¢ core lithium ltd

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    New York Times
    Last Updated: Feb 16, 2022, 01:19 AM IST

    Sales of cars powered solely by batteries surged in the US,Europe and China last year, while deliveries of fossil fuel vehicles were stagnant. Demand for electric cars is so strong that manufacturers are requiring buyers to put down deposits months in advance. And some models are effectively sold out for the next two years.

    Battery-powered cars are having a breakthrough moment and will enter the mainstream this year as automakers begin selling electric versions of one of Americans' favourite vehicle type: pickup trucks. While electric vehicles still account for a small slice of the market, their rapid growth could make 2022 the year when the march of battery-powered cars became unstoppable, erasing any doubt that the internal combustion engine is lurching toward obsolescence.
    Last edited by nevchev: 16/02/22
 
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