Analysts expect 2022 to be another big year for the electric vehicle (EV) industry with the rapid rollout of charging infrastructure and government measures to reduce carbon emissions. Furthermore, automakers are investing increasingly in EV manufacturing to meet the rising demand for EVs due to their high performance and affordable recurring expenses. Global electric vehicle sales are expected to surpass 10.5 million this year.
Furthermore, automakers have yet to surprise their customers with 58 new electric car options, which are expected to be launched this year with innovative designs and features. The global electric vehicle market is expected to reach $812.89 billion by 2028, registering a 19.8% CAGR.
