Worldwide, sales of electric vehicles crossed a key milestone last year, achieving around 10% market share for the first time. Global sales of fully electric vehicles totaled around 7.8 million units, an increase of as much as 68% from the previous year, according to preliminary research from LMC Automotive and EV-Volumes.com, research groups that track automotive sales.
I’ve heard it posited that there are 2 or 3 critical breakpoints in widespread adoption of something new. The first of those is the 10 percent mark. Hitting the 10 percent level usually means that the thing is here to stay. Hitting the 33 percent often means that the thing will eventually “take over” whatever it replaced or made obsolete.