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Even as electric vehicles have grown up. In total, automakers committed a staggering $225 billion to the electrification of their products in the coming years. A slew of new models also hit the road in 2019, as EVs made up over 2% of global car sales.

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  • Tesla flexed its muscle in the market even as overall EV sales softened. Global automakers have committed $225 billion toward electrification -- well past the point of no return despite 2019's worrying dip in EV sales (at least for cars not built by Tesla). Overall, it was the year things got serious

    Tesla flexed its muscle in the market even as overall EV sales softened. Global automakers have committed $225 billion toward electrification -- well past the point of no return despite 2019's worrying dip in EV sales (at least for cars not built by Tesla). Overall, it was the year things got serious for EVs.Tesla has done the yeoman's work of proving you can sell a million or so electric cars to the masses. Its Model 3 accounted for 1 out of every 6 EVs sold worldwide. Now VW, GM, Ford, and others have painted a giant target on Tesla's back. Let the race begin.

  • EV vehicles seem to be following the same adoption trends as solar panels. The public scoffed and laughed at solar panels that were 9% efficient and cost $1MM per square inch. But incrementally over 10-15 years they got better and more affordable. Now those same people who scoffed at solar panels before

    EV vehicles seem to be following the same adoption trends as solar panels. The public scoffed and laughed at solar panels that were 9% efficient and cost $1MM per square inch. But incrementally over 10-15 years they got better and more affordable. Now those same people who scoffed at solar panels before are considering a small loan to have them installed on their home roofs. EVs are incrementally getting more practical and reliable and the bulk of consumers will move that way before we know it.