Commenting on the number of electric car models in the European market set to more than triple within the next three years, Harry Merrison, Investment Manager at Kingswood, said: “Currently, around the globe, less than one per cent of vehicles are fully electric, which represents a significant growth opportunity given the inevitability of the technology’s future monopoly. The announcement today from Transport & Environment (T&E) on how the number of electric car models on sale in Europe is forecast to more than triple by 2021 is significant. The future of driving is very much electric, we are witnessing the phasing out of automotive internal combustion engines.”