German automakers produced 53,221 EVs in July of this year. That works out to
21.7% of the total number of cars produced in Germany that month. In
March of 2020, just 6.8% of new cars produced were EVs and in
January of 2019, only 3.2% of new cars were electrics, according to Energy Monitor.
That, folks,
is what an EV revolution looks like. Keep in mind that the Tesla factory outside of Berlin is almost ready to start churning out finished cars, which will skew the production numbers even further in favor of electrics.
Overall, German
car production was down 26% last month compared to the same month a year ago,
yet EV production was up 9%, according to data supplied by German Association of the Automotive Industry (VDA). Globally, total car sales shrank by 14% in 2020 compared with the previous year, but EV sales increased from about two million units to more than three million units, according to the International Energy Agency.
https://cleantechnica.com/2021/09/21/ev-production-in-germany-shows-what-an-ev-revolution-looks-like/No company can afford to lose market share. There is no turning back! Those ignoring will be forced to transition hard or become Kodak like fossils. ORE as a producer is in one hell of a sweet spot for the ride forward.
