Morgan Stanley has released a new report estimating that electric car sales will increase become 10 to 15% of the global new car market by 2025. That is three time the rate the investment banking house has projected in the past. Why the sudden shift in its thinking? While the US is conveniently planning to reduce or eliminate fuel economy regulations, every other civilized country has rules in place that will require auto manufacturers to…
Electric car revolution will accelerate soon, predicts Morgan Stanley report
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