Automobile industry

Automobile industry

Global Battery Electric Vehicles Market to Grow at a CAGR of 59.42% from 2014-2019

The global battery electric vehicles (BEV) market is witnessing significant growth, driven by increasing environmental concerns and government initiatives to reduce greenhouse gas emissions. Battery electric vehicles, which have become a viable alternative to internal combustion engine (ICE)-powered automobiles, are gaining popularity worldwide. Governments in many countries are offering