NetworkNewsAudio – Net Element (NASDAQ: NETE) Aims to Exploit Flourishing Electric Vehicle Market via Pending Merger
Related Editorial Since 2013, the sale of electric vehicles (EV) in the United States has grown by an average of 25% a year (http://nnw.fm/B2GRb), a stunning figure when compared to the anemic 1.4% overall growth of the US auto market over the same interim (http://nnw.fm/hwjS2). Despite the stellar growth rate, EV sales only account for a miniscule 2% share of the US automobile market but are projected to exceed 20% of annual vehicle sales by 2030. With a tenfold increase in market share expected over the next decade, market penetration has just begun, and there’s clearly still enormous upside. In…







