The electric vehicle market is projected to experience a significant expansion this year, according to BloombergNEF.
Analysts anticipate a 22% growth rate, followed by a slight dip in 2024 before a period of increased momentum.
This surge is likely fueled by the introduction of numerous more budget-friendly EV models in the near future.
This year presents new variables, and the EV market is no exception, with various signals influencing its trajectory.
