Over the past few years, the electric vehicle sector has been growing like a weed, frequently exceeding growth estimates. For instance, just two years ago, the International Energy Agency (IEA) projected that the EV industry would reach between 7% and 12% of global auto sales by 2030. Well, the industry crossed that milestone last year, with one out of ten vehicles sold being electric for the first time ever. Indeed, 7.8 million electric vehicles were sold globally in 2022, a 68% increase from 2021, the Wall Street Journal reported.…
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