With the rapid rise of electric vehicles (EVs) and increased investments in autonomous driving, what was once the future of vehicles is quickly becoming a present day reality.
By 2040, EVs are forecast to account for more than half of global annual car sales. A 2020 Consumer Reports survey showed that 31% of U.S. consumers said they are interested in an EV for their next car purchase, with another 40% saying they’re interested in EVs for a future purchase.
And the drive is no longer fueled by just a few players like Tesla. Every major automaker and several Silicon Valley giants are investing billions in the future of vehicles.
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