Bank of America sees “tsunami” of new EVs on the way

Bank of America expects a “tsunami” of new electric vehicles hitting the market in coming years and sees 2022 shaping up to be a “major year of commercialization” in the EV industry, Axios notes in a recent story.

The banking giant notes that there are more than 85 new EV models set to launch in the next couple of years from startups and legacy automakers, Axios reports.

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