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https://government.report/Resources/Whitepapers/9031ce32-cb38-45b5-8460-7f4d1a3677d1_EV_Government_WhitePaper_20180514.pdf
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HOW GOVERNMENTS ARE SPURRING THE ELECTRIC VEHICLE INDUSTRY
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Auto manufacturers have announced more than $150 billion in investments to achieve collective production targets of more than 13 million electric vehicles annually around 2025. This is likely more than 10% of global light-duty vehicle sales, based on publicly announced plans. To achieve this level of electric vehicle growth, the industry will need to expand battery production by an order of magnitude.
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