Part 7/14:
Major automakers like Volvo, Mercedes, and BMW are making substantial strides toward electrification. For instance, Volvo reports about 27% of its sales are EVs, but actual figures, especially for BMW, indicate closer to 14%. Discrepancies often stem from including plug-in hybrids or varying definitions of EVs, causing some overestimations of their market share. Still, these figures illustrate a clear industry trend: traditional automakers are increasingly transitioning to electric offerings.