The Rise of Electric Vehicles: Global Developments and Trends

The automotive industry is undergoing a significant transformation with the rise of electric vehicles (EVs). In recent years, there has been a growing focus on sustainable transportation solutions, leading to increased adoption of EVs worldwide. One of the key global developments in the EV sector is the commitment by many countries to phase out internal combustion engine vehicles in the coming years. Countries like Norway, the Netherlands, and the UK have set ambitious targets to ban the sale of new petrol and diesel cars by 2030 or earlier, accelerating the shift towards electric mobility.