Market Watch

August 2022
We Still Have a Ways to Go on the Road to EV Adoption

Kevin Parmenter, Director, Applications Engineering. TSC, America

­The future of the electric vehicle market seems assured. AlixPartners projects EV sales to reach 33% globally by 2028 and 54% by 2035. To support this demand, automakers and suppliers are expected to invest at least $526 billion on EVs and batteries from 2022-2026, the firm said at its annual Global Automotive Ou
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