The road to 20m EVs

Around 21m additional 21 electric vehicles will ride the world’s roads over the next decade. Global EV adoption will rise from 2m units in 2018, to 12m in 2025, and to over 20m in 2030, according to Deloitte.

That growth will be driven by rising consumer demand for greener vehicles, along with – more importantly – government policies providing financial EV incentives while also rolling out city restrictions on petrol and diesel vehicles.

And though the upfront cost of electric vehicles is currently a barrier, Deloitte forecasts that by 2024, the cost of owning an EV will be on par with that of a fossil-fuel equivalent, something that could boost demand further.

Universal streams revenue aplenty

Universal streams revenue aplenty

Mastercard makes music

Mastercard makes music