Enhanced Mobility:
With the price of gasoline rising; an increasingly global focus on sustainability concerns around oil dependence; advances in the technologies behind vehicle
and battery materials to improve drivable range; and growing access to vehicle charging stations via infrastructural initiatives, there is already a fundamental
transformation underway, as consumers shift away from traditional fuel-powered vehicles to all-electric and hybrid electric vehicles. With the global electric
vehicle market size expected to reach $803 billion USD by 2027, with a compound annual growth rate (CAGR) of more than 20% from 2019-2022, there may
be opportunities in electric and autonomous vehicle technologies as they grow and evolve.
Source: Statista
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