Electric Vehicles 2024 Outlook. Growth expectations for 2024 build on a record year: After a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share.

Continuing the trajectory of roughly 1.4% annual growth, barring any new initiatives or breakthrough products, we expect ford to add $2.72 billion in revenues for. Growth expectations for 2024 build on a record year: