105 After increasing in response to supply chain disruptions, battery costs now are falling in line with Wright’s Law, leading to lower electric vehicle (EV) sticker prices. If robotaxi platforms proliferate, EVs could account for 95-100% of vehicle ES sales in 2030. L IC VEH ARK forecasts that electric vehicle sales will scale 33% at an annual rate IC R T during the next seven years, from roughly 10 million in 2023 to 74 million in EC EL 2030. Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources, which may be provided upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.