Sales Double in 2023 as Petrol Prices Rise and EV Options Expand

The electric vehicle (EV) market is experiencing unprecedented growth, fueled by technological advancements, environmental concerns, and government incentives. The automotive industry is undergoing a pivotal transformation, with major automakers investing heavily in EV development and production. This article delves into the latest industry trends and analyst estimates, shedding light on the future of electric vehicles and the potential implications for investors.