EV Market Overview
Within the last 5 years we have seen significant changes in the transportation and mobility sectors as electrification, shared mobility, vehicle connectivity, and autonomous vehicles reshape automotive and freight markets around the world.
Growing policy pressure toward low-carbon options and improved fuel efficiency
Large fleet operators and businesses are setting ambitious decarbonization targets, while communities are raising concerns around congestion and urban air quality.
This has accelerated investment in charging infrastructure development, automotive factory creation and in clean energy by automakers in America.
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This includes a growing number of new EV models coming to market including redesign of existing combusting engine vehicles.
Leading to a bright future in the industry.
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