Over the past five years there has been a concerted effort across the world to reduce carbon emissions. Many industries are transforming themselves accordingly to deliver a greener future. This is also true for the automotive industry, which is investing heavily in the research, development, and production of electric vehicles — a cleaner alternative to internal combustion engine vehicles.
There are generally two types of EVs, namely battery electric vehicles and plug-in hybrid electric vehicles . BEVs are fully electric vehicles with rechargeable batteries and no fuel tank, while PHEVs are mainly powered by electricity and use petrol as a backup. Since the global EV market is expanding, most automotive manufacturers have already released or are working towards releasing EV models.
SA’s vehicle production mix must mirror global developments in the industry. The country’s biggest market for ICE vehicles, the EU, is transforming towards EVs through progressive carbon emission policy adjustments According to BMW SA, the group expects to have a total of more than 1-million EVs on the roads worldwide by the end of 2021 and at least 25 EV models by 2023. In Africa, Kiira Motors, a Ugandan state-owned vehicle manufacturer, plans to start production of EVs in July. The EV plant is in collaboration with a Chinese manufacturer and will have a capacity of 5,000 electric buses and other EVs per year.
Couple of months ago I came across a recommendation about marksust6 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation