Electric Vehicle Market Share is Irrelevant

Ignore market share when determining winners and losers

Market share should be ignored when determining which companies are winning or losing in the electric vehicle (EV) space. With growing markets like EVs, market share is a very incomplete metric. For example, Tesla’s global EV market share fell from 17.7% in 2020 (January - July) to 13.9% during the same period in 2021 as other automakers entered the ele…