
2019-02-04T09:28:09
According to reputed market research agencies like Moody’s and Accenture the years 2018 and 2019 are very likely to go down as the years marking the beginning of the end for ICE (Internal Combustion Engines) engine vehicles. According to the reports sales of ICE vehicles is leveling off / dropping in most significant markets of Europe, USA and China. At the same time Electric vehicles (EV’s) are witnessing a rising trend. According to Moody’s the share of EV’s to ICE vehicles worldwide will touch 1.6 percent this year. This will undoubtedly result in an increase in sales of EV Charging stations also.
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