Newly Registered Electric Vehicle Market Share Expected to Reach 40% by 2031; Distinctive Buying Patterns Emerge for this Group
Newly registered electric vehicle market share is expected to grow from 5% at the end of 2021 to approximately 40% by 2031. A new TransUnion (NYSE: TRU) study, conducted in collaboration with S&P Global Mobility, found that the increasing popularity of such vehicles will have a marked impact on the auto finance industry as the […]
