Electric Motor Vehicle Market is Expanding

June 23, 2021

More and more automotive manufacturers are adding electric vehicles to their inventory. A record number of pure electric vehicle models are expected to surface by the end of 2024. As technology, in several facets within society, is decreasing in price as it becomes more expected and therefore more accessible, electric vehicles are likewise becoming more affordable. This is being done in an attempt to push the general public towards buying a perhaps more economical, and eco-friendly, vehicle model. While the rapid expansion of the market makes it hard for typical-gasoline-fueled car owners to keep up, many more household car brands are moving towards creating affordable environmentally-friendly models (including Honda, Ford, General Motors, and more). In combating the climate crisis in America, this may be a vital step in the right direction for American consumers.

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