Signs point to 2021 being a big year for electric cars. Even though EV volume is a relatively small share of the overall market, the market is beginning to stir. Electrics account for about 2% of sales. But 2021 sees a major push by manufacturers to introduce new models. More EVs are likely to spark a sales surge.
Ralf Brandstätter, who heads global passenger cars for Volkswagen,
VWAGY,
believes the inflection point may have happened last year. He said, “2020 was a turning point for Volkswagen and marked a breakthrough in electric mobility.” Worldwide deliveries of EVs at VW totaled more than 212,000 last year. “We are well on track to achieve our aim of becoming the market leader in battery electric vehicles,” Brandstätter said. “More than any other company, we stand for attractive and affordable e-mobility.”
Volkswagen’s serious push into the electric car market begins later this year
Many of the modifications occurring within the automotive market in the present day, including tightened credit score markets in a capital-intensive business and increased government involvement are the latest global challenges. Harley-Davidson, on the eve of World Struggle II, was already supplying the Army with a military-particular version of its 45 cubic inches (740 cm3) WL line, called the WLA The A on this case stood for “Military”. Upon the outbreak of struggle, the company, along with most different manufacturing enterprises, shifted to war work. Greater than 90,000 army motorcycles, mostly WLAs and WLCs (the Canadian model) have been produced, many to be offered to allies. 38 Harley-Davidson acquired two Military-Navy ‘E’ Awards , one in 1943 and the other in 1945, which were awarded for Excellence in Manufacturing.