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The development of the electric two-wheeler market can be virtuous in terms of the exploitation and availability of natural resources needed to manufacture batteries.
EV penetration in Europe has seen a five-fold increase over the past two years, surging from 4% to 20%.
General Motors, Kia Corporation, Jaguar Land Rover, Mercedes-Benz, Volvo, and Volkswagen are among the large list of OEMs that plan to spend billions on EVs.
With the world waking up to the risks posed by climate change, electric vehicles (EV) sales are soaring.
The car industry, which has long been a capital intensive, cyclical and low margin business, is beginning to show signs of undergoing a transition.
Electric Vehicle (EV) penetration in Europe has seen a five-fold increase over the past two years, surging from 4% to 20%.
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