How Electric Vehicles Will Change The Global Economy | Authored by Mr. Raunak Malhotra
Electric vehicles represent a revolutionary shift in the automotive industry from traditional fossil fuel vehicles. This traditional vehicle was invented for the masses by Henry Ford in 1908 and ruled the market since then. But now electric vehicles are gaining popularity around the world and are replacing petrol and diesel vehicles. Although the percentage of electric vehicles on the road is still lower than that of fossil fuel-powered vehicles. Now that climate change is on the agenda of most countries, they are focusing on reducing carbon emissions and countries are targeting net zero emissions by 2050.
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