The world is about to pass another important milestone in electric vehicle adoption: 20mn plug-in vehicles on the road globally, come June, according to BNEF estimates. That’s remarkable growth from only 1mn EVs on roads in 2016. In the second half of 2022, almost 1mn EVs a month will be added to the global fleet, according to BNEF estimates. That’s about one every 3 seconds. Vehicles eventually get retired from the fleet due to age, wear-and-tear, crashes and battery degradation. But that’s not a big part of the EV story so far, mostly because the majority of EVs in the global fleet were sold in the past 18 months. By the end of 2022, BNEF is expecting over 26mn plug-in vehicles on the roa
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